The Anheuser-Busch company (yes, the beer folks) have announced they’ve sold all of their theme parks, including SeaWorld in San Diego for 2.3 billion dollars in cash. This comes on the heels of A-B announcing they were previously in debt for as much as 5 billion.

The new owners are a private equity firm called Blackstone who say they plan to invest and grow the company. Expect some eventual tie-ins: Blackstone already owns Travelport, one of the world’s largest travel conglomerates, plus Hilton Hotels and 48% of orbitz.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s