logo
Share SHARE
FONT-SIZE Plus   Neg

SeaWorld Entertainment Files For $100 Mln IPO - Quick Facts

Theme park and entertainment company SeaWorld Entertainment Inc. said it has filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock, par value $0.01 per share. Following the IPO completion, The Blackstone Group L.P.'s affiliates would continue to own a majority of the voting power of all outstanding shares.

On December 1, 2009, investment funds affiliated with The Blackstone Group L.P. and certain co-investors, via, SeaWorld Entertainment, Inc. and its unit, SeaWorld Parks & Entertainment, Inc., acquired all of the equity interests of Sea World LLC and SeaWorld Parks & Entertainment LLC from certain divisions of Anheuser-Busch Companies, Inc.

The company plans to list the common stock under the symbol "SEAS."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus
RELATED NEWS
Trade BX now with 
Follow RTT