Four Seasons Hotels "goes private" in buyout by Bill Gates' Cascade Investment & Kingdom Hotels International
The Toronto-based Four Seasons Hotels, which manages over 18,000 rooms around the world, will be taken private in a buyout deal by Cascade Investment, L.L.C., an entity owned by Microsoft founder Bill Gates, Kingdom Hotels International, which is owned by a trust created for Saudi prince Alwaleed and Four Seasons' CEO Isadore Sharp.