Deals
SeaWorld Raises $702 Million in IPO, Pricing at Top of Range
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SeaWorld Entertainment Inc., the theme-park operator owned by Blackstone Group LP, raised $702 million in its initial public offering after pricing the shares at the top of the marketed range.
SeaWorld sold 26 million shares at $27 each, according to data compiled by Bloomberg, after offering them for $24 to $27 apiece. The shares, which represent 28 percent of the outstanding stock, will start trading today, listed on the New York Stock Exchange under the symbol SEAS.