Merlin Entertainments is already building Legoland Florida outside of Orlando, now they’ve announced plans to open a Madame Tussauds Wax Museum and build a 425-foot-tall Orlando Eye observation wheel in a new shopping center on International Drive.
It was nearly two months ago that the sale of Busch Entertainment Corp. and its theme parks to The Blackstone Group was made public. Now a new name for the company has been revealed. “SeaWorld Parks & Entertainment” replaces “Busch Entertainment Corporation” with the closing of the sale announced jointly today by Anheuser-Busch InBev and…
By Andy Guinigundo Let’s go over the scorecard: The Blackstone Group describes itself as an “alternative asset manager and financial advisory firm”. In this layman’s definition it is a company that owns companies. Most recently, it acquired Busch Entertainment Corporation – the company that owns Busch Gardens and SeaWorld. Blackstone also jointly owns Universal Orlando…
Anheuser-Busch InBev and The Blackstone Group announced today that Anheuser-Busch InBev will sell its entertainment business to Blackstone Capital Partners V L.P. for up to $2.7 billion. Under the terms of the agreement, Blackstone will acquire Anheuser-Busch InBev’s wholly owned subsidiary, Busch Entertainment Corporation (BEC), the second largest entertainment park operator in the United States with approximately 25 million annual visitors The…
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