Thursday, September 23, 2021

SeaWorld May Offer IPO in 2013

Orlando, FL, USA — Reuters reports that Blackstone property SeaWorld Parks & Entertainment may go public with an initial stock offering in early 2013:

“Orlando, Florida-based SeaWorld may try to raise $500 million to $600 million in the IPO, the sources said on Friday.

“SeaWorld has selected Goldman Sachs Group Inc and JPMorgan Chase & Co to lead the offering, which could come in early 2013, the sources said.

“Goldman Sachs did not immediately respond to a request for comment. Blackstone and JPMorgan declined to comment.

“Blackstone acquired SeaWorld from beer giant Anheuser-Busch InBev SA in December 2009 for $2.3 billion, according to Blackstone’s website. Joe Baratta, who was appointed Blackstone’s global head of private equity this year, led the deal.

“SeaWorld owns 10 amusement parks including those with the SeaWorld, Busch Gardens and Sesame Place brands, caring for more than 67,000 animals. More than 25 million guests visit the parks each year, according to the SeaWorld website.”

Joe Kleimanhttp://www.themedreality.com
Raised in San Diego on theme parks, zoos, and IMAX films, Joe Kleiman would expand his childhood loves into two decades as a projectionist and theater director within the giant screen industry. In addition to his work in commercial and museum operations, Joe has volunteered his time to animal husbandry at leading facilities in California and Texas and has played a leading management role for a number of performing arts companies. Joe has been News Editor and contributing author to InPark Magazine since 2011. HIs writing has also appeared in Sound & Communications, LF Examiner, Jim Hill Media, and MiceChat. His blog, ThemedReality.com takes an unconventional look at the attractions industry. Follow on twitter @themedreality Joe lives in Sacramento, California with his fiancé, two dogs, and a ghost.

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