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Deal nearing on sale of Busch Gardens, Sea World

  4 months ago
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NEW YORK (AP) -- A media report says a private equity firm Blackstone Group is closing in on a deal to buy Anheuser-Busch InBev's theme parks such as SeaWorld and Busch Gardens.

The Wall Street Journal reports Friday -- citing unnamed sources -- that the firm is close to a deal to buy theme parks operated under Busch Entertainment Corp.

The report says the deal is valued at between $2.5 billion and $3 billion.

A spokesman for Anheuser-Busch InBev declined to comment.

A spokesman for New York-based Blackstone did not immediately return a request seeking comment.

Anheuser-Busch InBev has been shedding assets to help pay for the $52 billion deal last year to buy Anheuser-Busch, which created the world's largest brewer.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Associated Press


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