The Bryant Park Project, June 16, 2008 - Private-equity firms are known for taking calculated risks — they are frequently willing to invest when the rest of the market is afraid to. That courage extends to the entertainment business, where one group is said to have eyes on a Michael Jackson revival. Colony Capital, which owns the Las Vegas Hilton and is a major shareholder in Station Casinos, is reportedly in talks with Jackson about bringing a show to Las Vegas.
This might turn out to be a good thing.
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