Goldman consortium to buy remaining 60% of USJ

A Goldman-led group launches a $1.7 billion tender offer for the Japanese theme park operator.

Goldman Sachs and co-investors MBK Partners and Owl Creek Investments announced yesterday evening that they are launching a tender offer for the remaining 60% of USJ following a previous 20 billion $204 million investment by Goldman in 2005. USJ manages the Universal Studios theme park in Osaka, but is not owned by Universal Studios in the US.

The investor group is offering 50,000 per share for the outstanding shares, or 22.9% more than theĀ 40,700 where they closed...

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