The company that owns Madame Tussaud's wax museums expects to raise about $323 million in an initial public stock offering, The New York Times reported Monday.
Merlin is owned by the Blackstone Group, CVC Capital and the Kristiansen family, which created Lego, but how large a portion of the company they will part with was unclear, the Times said.
The company, which recently announced it would open its fourth wax museum in Beijing and its sixteenth worldwide in 2014, reported earnings of $558.6 million in 2012.
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