Dec 12, 2007
Fort Lauderdale-based luxury cruise line sold
Regent Seven Seas Cruises is changing hands and the new owner, Apollo Management LP could finance more ships for the Fort Lauderdale-based luxury line.
The two companies announced a long-rumored deal on Monday for Apollo to acquire Regent from family-run Carlson Cos. , of Minneapolis. The terms of the deal weren't disclosed, but financial Web site CFO.com, which broke news of the deal in November, put the price at $1 billion.
Regent employs about 120 people at its headquarters in the Cypress Creek area. Since it was founded as a two-ship line by the owners of the Radisson Diamond and Song of Flower ships in 1992, it has gradually modernized and upgraded its fleet, but still only has four ships under its control. Read more
Comments
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Great article.
I am inquiring of job opportunities with Royal Caribbean in the Fort Lauderdale area. I understand their headquarters moved to Fort Lauderdale. Grateful for any leads. Thank you. Susan |
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