Deals
Cirque du Soleil Buys Blue Man Group
- Company to become global live entertainment powerhouse: CEO
- Blue Man Group offers different audience, more locations
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Cirque du Soleil, the private equity-backed entertainment company famed for its contortionists and acrobats, is acquiring musical act the Blue Man Group in a genre-bending deal.
The acquisition of New York-based Blue Man Productions is the first step in Cirque’s plan to diversify its productions and expand globally, Chief Executive Officer Daniel Lamarre said in an interview. The deal is valued in the tens of millions of dollars, he said, without being more specific.