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Cypress Gardens sold to Merlin Entertainments Group

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The Orlando Sentinel is reporting that Merlin Entertainments Group has purchased Cypress Gardens. From blogs.orlandosentinel.com: A spokeswoman for Merlin said the purchase includes the current Cypress Gardens theme park, the Splash Island water park and the adjacent botanical gardens. The company did not disclose the sales price. Merlin is the second busiest amusement operator in…

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Out of the Loop: What Legoland could bring to Central Florida

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By Andy Guinigundo Let’s go over the scorecard: The Blackstone Group describes itself as an “alternative asset manager and financial advisory firm”. In this layman’s definition it is a company that owns companies. Most recently, it acquired Busch Entertainment Corporation – the company that owns Busch Gardens and SeaWorld. Blackstone also jointly owns Universal Orlando…