SeaWorld Files To Go Public
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MIAMI (CBSMiami/AP) – One day in the future you could own a share in Shamu.
On Thursday, SeaWorld Entertainment Inc. filed for an initial public offering of stock that could raise $100 million. That number is likely to change as the company’s bankers gauge interest from investors.
The Orlando based company, known for its water shows featuring orca whales, dolphins and other animals, did not list a date for the offering. It plans to use the “SEAS” symbol.
Private equity firm Blackstone Group LP, which owns SeaWorld, will likely sell some of its stake in the deal, but 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.
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