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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.)
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