Wednesday, January 23, 2013

SeaWorld files to go public | Essentials

SeaWorld files to go public

U.S. Army Africa MEDFLAG 09 Medical Visit Hhohho, Swaziland 090807
U.S. Army Africa MEDFLAG 09 Medical Visit Hhohho, Swaziland 090807 by US Army Africa
License (according to Flickr): Attribution License
Excerpt:

NEW YORK The company behind the water shows featuring killer whales, dolphins and other animals at SeaWorld on Thursday said it was planning to go public. SeaWorld Entertainment filed for an initial public offering of stock with an initial goal of raising $100 million. That number is likely to change as the company's bankers gauge interest from investors. Anheuser-Busch InBev sells theme parks Honoring veterans with military deals and discounts SeaWorld's owner, Blackstone Group (BX), will likely sell some of its stake in the deal. But the private equity firm will still own a majority of the voting power of the company's shares after the IPO, the company said in a filing with the Securities and Exchange Commission. SeaWorld plans to use money from the IPO to pay debt and make a payment to Blackstone.

SeaWorld files to go public

Additional Info:

Company: SeaWorld

Overall Sentiment: -0.039063

Relevance: 0.878178

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