Bronfman gathers investors to regain control of Universal entertainment properties

Posted | Contributed by Jeff

Edgar Bronfman Jr. has lined up a team of investors in his quest to regain the entertainment assets of Vivendi Universal, executives close to the group said yesterday. The consortium, they said, includes the Blackstone Group, which already owns 50 percent of Vivendi's theme park business, as well as Thomas H. Lee Partners. Bronfman's group also includes Cablevision, Merrill Lynch and Wachovia Securities.

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