Madame Tussauds Owner Plans Stock Sale

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Gold prices have cooled from their record highs, but now you can invest in an up-and-coming commodity: wax! Merlin Entertainments, which owns Madame Tussauds wax museums, announced Monday that it plans an initial public offering.


And today's last word in business is hot wax.

Gold prices have cooled down a bit from their record highs, but you can now invest in a new up-and-coming commodity: wax.


Merlin Entertainments, which owns Madame Tussauds wax museums, says today it plans an initial public offering. Merlin's 14 wax museums and a half dozen Legolands are the prime properties. The privately owned firm hopes that stock sales will help pay down its debt.

INSKEEP: Which means that later this year you too can own a share of Marilyn Monroe, Bruce Willis, Anderson Cooper and the Dalai Lama - or at least their wax reproductions. Why is there no reproduction of Renee Montagne?


INSKEEP: What is the matter with these people?

MONTAGNE: Oh, Steve Inskeep, I was just wondering.

INSKEEP: Ha. That's the business news on MORNING EDITION from NPR News. I'm the real Steve Inskeep.

MONTAGNE: And I'm the real Renee Montagne.

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