Madame Tussauds entity ceased to exist. On 17 July 2007, as part of the financing for the Tussauds deal, Merlin sold the freehold of Madame Tussauds to private investor Nick Leslau and his investment firm Prestbury under a sale and leaseback agreement. Although the attraction sites are owned by Prestbury, they are operated by Merlin based on a renewable 35-year lease. Madame Tussaud's wax museum became a major tourist attraction in London, incorporating (until 2010) the London Planetarium in its west wing and a large animated dark ride, "The Spirit of London", opened in 1993. Today's wax figures at Tussauds include historical
Merlin Entertainments deal, KIRKBI AS, the investment arm of LEGO owners, took a share in Merlin Entertainments. In May 2007 Blackstone purchased The Tussauds Group, owner of the Madame Tussauds celebrity wax attractions, for US$1.9 billion; this company was merged with Merlin and has since been managed by Merlin. After the Tussauds acquisition, Dubai International Capital, the previous owner, received a 20% stake in the combined entity as well as £1.03bn in cash. On 17 July 2007, as part of the financing for the Tussauds deal, the freeholds of Alton Towers, Thorpe Park, Warwick Castle and Madame Tussauds were sold to private