Bill Gates’ investment firm to take control of Four Seasons in $2.21 billion deal
Bill Gates’ Cascade Investment LLC is taking control of Four Seasons Hotels and Resorts by buying about half of Saudi Arabian Prince Alwaleed bin Talal‘s stake for $2.21 billion, the hotel operator said on Wednesday. Cascade will acquire 23.8% of the billionaire prince’s stake in Four Seasons, raising its ownership to 71.3% and valuing the … Read more