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A Whale Of A Deal: SeaWorld Readies For $540M IPO At $24 To $27 A Share

April 9, 2013 9:13 PM
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SeaWorld Entertainment, the business behind Shamu the killer whale, wants to make waves in the public market. The company says it will try for a $540 million IPO, in what would be among the largest offerings this year.

SeaWorld plans to sell 20 million shares between $24 and $27 apiece. Half the stock comes from the company’s owner, private equity shop Blackstone. At the range’s midpoint, SeaWorld would be valued at $2.4 billion.

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