Reuters – Blackstone’s SeaWorld Plans $2.5B IPO
Blackstone Group's SeaWorld Parks and Entertainment set the price range of its initial public offering at $24 to $27 per share, valuing the company at up to $2.5 billion. At the high end, the IPO would raise $540 million. SeaWorld and selling shareholders are selling 10 million shares each. The company plans to use the funds it raises to repay debt.
9 April 2013•2 mins read
