News Column

SeaWorld IPO Target Bumped to $500 million

April 9, 2013

SeaWorld Parks & Entertainment plans to raise $500 million through an initial public stock offering, according to a regulatory document filed Monday.

The Orlando-based theme-park owner had set a preliminary target of $100 million for the IPO.

SeaWorld, which is owned by private-equity firm Blackstone Group, announced in December that it was weighing a public offering. The company would trade on the stock market under the name SeaWorld Entertainment Inc. and the ticker symbol SEAS.

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(c)2013 The Orlando Sentinel (Orlando, Fla.)

Distributed by MCT Information Services


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Source: Copyright Orlando Sentinel 2013


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