A holding company that oversees the theme parks said in a regulatory filing this week that the private-equity group has offered to sell its 50% stake in the Florida parks to NBC Universal, which owns the rest of the venture. Comcast-owned NBCU has until June 12 to make a call on that offer; after that, Blackstone can try and sell off all of Universal Orlando to a third party.
By THE DEADLINE TEAM | Wednesday March 16, 2011 @ 2:02pm PDTTags: Blackstone Group, NBC Universal, Universal Orlando
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This article was printed from http://www.deadline.com/2011/03/private-equity-blackstone-wants-out-of-universal-orlando/