SeaWorld plans IPO but offers few details
SeaWorld Entertainment Inc. and its killer whales are going public, filing for an initial public offering that could raise $100 million.
The theme park company, famous for using the orca Shamu as a performer, said in a filing with the Securities and Exchange Commission that it hopes to trade under the ticker symbol SEAS.
But it didn’t say much else — not what exchange would host its stock, how many shares will be up for grabs, the expected share price or when they’ll be offered.
The Orlando, Fla., company — whose 11 theme parks include the Busch Gardens parks on the East Coast and three SeaWorld centers in San Diego, Orlando and San Antonio — is owned by Blackstone Group. The company’s collection includes about 67,000 marine and terrestrial animals.