Home
#Notizie
Merlin responds to shareholder urging company to go private Blooloop
0
412
PNR
30157 dated 24.05.2019
Pubblicato da
Rides Zone
Fonte
Blooloop
Pubblicità
  • 190517 Your Advertisement RidesZone App-2.jpeg
Merlin Entertainments has responded after a US-based shareholder wrote to the atractions operator urging it to go private.

ValueAct Capital wrote to Merlin about a public to private transaction, saying it was concerned that Merlin’s share price does not reflect the underlying value of the company.

ValueAct Capital has a 9.3 per cent stake in Merlin, the world’s second biggest attractions operator after Disney.

In response, Merlin said it has concluded that “it remains in the best interests of all its shareholders to continue to pursue its current strategy to create a high growth, high return, family entertainment company based upon strong brands and a global portfolio”.

Merlin also said it “maintains an active dialogue with all its shareholders, including ValueAct Capital”, adding that it has had discussions with the shareholder.