Lloyd Webber sells four theatres
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Announcing the sale Lord Lloyd Webber said, "Because the company's borrowings will be reduced, we will be able to spend a minimum of £10 million over the next five years in improving and refurbishing the remaining eight theatres in our portfolio which comprises some of the world's most famous music houses, including the Theatre Royal Drury Lane, the Palace and the London Palladium.
"These wonderful, treasured bu