How much did Busch Gardens sell for?

Company renames the former Anheuser Busch InBev unit as SeaWorld Parks & Entertainment. Blackstone Group on Tuesday completed its $2.7 billion acquisition of Busch Gardens and nine other theme parks, giving its latest attractions industry venture a new name.



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Located in Tampa, Florida, Busch Gardens opened to the public in 1959. According to ticket-price data gathered by The Family Vacation Guide in May 2022, Busch Gardens is the most expensive theme park in the world just above Disney World.

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SeaWorld Parks & Entertainment is a wholly owned subsidiary of SeaWorld Entertainment, Inc., a publicly traded company.

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The brewery and gardens officially opened to the public for tours on June 1, 1959, as an admission-free facility with 250 attending the opening ceremony and around 1,000 attendees to Busch Gardens. Busch Gardens opened on 15-acre (6.1 ha) of land southwest of the brewery at the cost of around $500,000.

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Wynne, Jr. in 1961, upon the opening of Six Flags Over Texas. Six Flags Theme Parks is a fully-owned subsidiary of Six Flags Entertainment Corporation (formerly Premier Parks), who purchased the company from Time Warner in 1998.

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Kings Dominion owner merging with Six Flags in amusement park deal valued at $2 billion. Cedar Fair shareholders will own 51.2% of the combined company, while Six Flags shareholders will own 48.8%. Both companies' boards have approved the deal.

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Now Blackstone is finally free of that burden. On Friday, the company sold its stake in SeaWorld to Zhonghong Group, a Chinese investment firm, for about $449 million. The deal will pave the way for SeaWorld to open parks in China. The sale was a quiet end to an investment Blackstone had once been happy to promote.

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In 2022, SeaWorld Entertainment registered 1.73 billion U.S. dollars in revenue in the United States. This figured represented an increase of over 15 percent versus the previous year, when the theme park company recorded a revenue of 1.5 billion U.S. dollars.

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The price of Orlando theme parks can vary considerably depending on your desires. If one only compares the SeaWorld ticket price to the Disney World ticket price, SeaWorld is the cheaper option.

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