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SeaWorld Files To Go Public

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(Photo by Matt Stroshane/Getty Images)

(Photo by Matt Stroshane/Getty Images)

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cheap eats 300x225aa SeaWorld Files To Go Public

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.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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