Blackstone planning IPO for Merlin

Posted Monday, October 26, 2009 12:26 PM | Contributed by Jeff

Blackstone Group's Merlin Entertainments is preparing an initial public offering, the Financial Times website reported on Friday. The offer would value Merlin at about 2 billion pounds ($3.26 billion USD) and is expected early next year, the report said, citing people familiar with the situation.