Market Overview

SeaWorld Prices 18M Share Offering by Blackstone Affiliated Shareholders at $30.00/Share

Share:
Related SEAS
Driven By Its Use Of Coyote Fur, Canada Goose Faces Animal Cruelty Allegations Ahead Of IPO
Watch These 8 Huge Put Purchases In Thursday Trade
SeaWorld Entertainment higher after guidance update (Seeking Alpha)

SeaWorld Entertainment (NYSE: SEAS) today announced the pricing of an offering by the selling stockholders affiliated with The Blackstone Group L.P (NYSE: BX). The selling stockholders are offering 18,000,000 shares of SeaWorld Entertainment's common stock at a price of $30.00 per share.  In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares from the selling stockholders.

The selling stockholders will receive all of the net proceeds from the offering. No shares are being sold by SeaWorld Entertainment.

See full press release

Posted-In: News Guidance Offerings Management Global

 

Related Articles (BX + SEAS)

View Comments and Join the Discussion!