Clown for a New Day

Clown for a New Day
Dagwood might make it in today's emasculated circus

Wednesday, August 06, 2008

MIDWAY FLASH ... MIDWAY FLASH ... Laliberte sells 20% of Cirque Du Soleil to Dubai Interests...

In what may be a harbinger of his eventual exit from the empire he built, owner Guy Laliberte is reported in Business Week (flashed to me by Don Covington) to have sold a 20 percent stake in his world-wide operations.

Property developer Nakheel and an investment company, Istithmar World Capital, who purchased the shares, declined to disclose how much they paid.

The agreement puts "to rest, for now speculation that the troupe would be sold outright."

For now -- two operative words. This only confirms earlier rumors of some sort of a sale, and it leads me to ponder Laliberte's ultimate motives.

Stay tuned for my paranoid speculations, to follow in the days to come...

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