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Cirque du Soleil Adds to Show-Biz Empire With Illusionists Deal
Posted
February 7, 2019
Views
107
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February 7, 2019
107
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0.93%
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0:45Now PlayingCirque du Soleil is acquiring a troupe of magicians called the Illusionists, building on a global live-performance empire that already includes the Blue Man Group and theatrical shows. The company is paying about $40 million for Works Entertainment, which owns the Illusionists franchise, according to a person familiar with the terms, which aren’t public. Cirque du Soleil is drawing on a $120 million credit line to finance the transaction.
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