Something has clearly changed when family businesses refer to private equity as a good long-term partner. Two proposed delistings in Europe—of German publisher Axel Springer and Merlin Entertainments, the owner of Madame Tussauds waxwork museums and other attractions—show that buyout firms are getting better at appealing to families that still own significant stakes in many public companies.

Source: Wall Street Journal July 02, 2019 11:03 UTC