SYDNEY -- Top Australian theme park operator Village Roadshow has agreed to discuss a takeover offer by domestic private equity group BGH Capital in a deal worth about 470 million Australian dollars ($301 million).
BGH has offered up to A$2.40 per share, according to Village Roadshow's announcement Monday -- a 36% premium over Friday's closing. The theme park operator's stock price has plunged roughly 50% since mid-February.
