SeaWorld Goes Public, Valued at $2.5 Billion
SeaWorld Entertainment will debut on the New York Stock Exchange on Friday. The company has been owned by private equity firm the Blackstone Group.
SeaWorld Entertainment will debut on the New York Stock Exchange on Friday. The company has been owned by private equity firm the Blackstone Group.
The theme park operator is going public, probably launching its IPO this month. SeaWorld will offer 20 million shares, expecting to price them between $24-27 apiece.
As we come down to the wire for 2012, the pace of business blunders hasn't slowed. From an ill-timed streaming video outage to the ultimate dot-com oversight, here's our rundown of the most boneheaded episodes -- and a few brilliant moves -- from this week in the world of business.
SeaWorld's owner, Blackstone Group LP, will likely sell some of its stake in the deal. But the private equity firm will still own a majority of the voting power of the company's shares after the IPO, the company said in a filing with the Securities and Exchange Commission.








