Tuesday, April 16, 2024
60.7 F
Orlando

SeaWorld Files to go Public

640px-Seaworld-Orlando-Shamu-1550Orlando-based SeaWorld has filed an initial public offering on Thursday, Bloomberg reported.

SeaWorld, the operator of aquatic amusement parks owned by Blackstone Group, filed to raise $100 million, which is a placeholder to calculate registration fees and could change, didn’t say how many shares will be offered or at what price and on what date, the news service also reported.

However, there is speculation that the company may go public in early 2013 and raise at least $500 million.

SeaWorld operates 11 parks and attracted over 24 million guests in the 12 months ended September.  The company realized nine-month sales of $1.2 billion at locations including Orlando, Florida; San Diego, California; and San Antonio, Texas, according to Bloomberg.

 

 

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest Articles