AT86
TS Member
Merlin doesn’t have shareholders anymore does it? I thought that they sold it off and it became private back in 2019? Their business model doesn’t seem to have changed much since it’s days of being a public company, then again we have seen some investments with a little more substance since then.
They aren’t a public company, but still have shareholders.
Namely:
Kirkbi (aka Lego)
Blackstone
Canada Pension Plan
They still need to give a return to those shareholders, but the short term pressure is no longer the same as it was when they were public.