FIRST AIRED: June 28, 2019

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00:00:00
lego land theme parks all actually owned by lego but to that is about to change the Danish toy maker is set to buy Merlin entertainments private equity firm Blackstone and the Canadian pension fund all teaming up with like %HESITATION to make the purchase in all it's valued at about seven point five billion dollars Madame Tussauds waxworks also included in the deal as all the London eye sight seeing we'll and numerous other attractions worldwide Merlin had its I PO six years ago but activist investor value act capital has been pressing it to go private again it says that's the only way to guarantee the investment it needs now the lego led consortium would appear to agree on Friday Merlin investors certainly had reason to celebrate shares in the firm up fourteen percent in early trade the deal expected to close before the end of the year