Coaster Justin Posted November 27, 2018 Report Share Posted November 27, 2018 I would honestly rather it got broken up to various companies Six Flags- Busch Gardens Tampa Herschend- SeaWorld San Antonio (I imagine Herschend drooling over owning a park in Texas) Parques- SeaWorld Orlando? Quote Link to comment Share on other sites More sharing options...
RobertDavid Posted December 23, 2018 Report Share Posted December 23, 2018 God PLEASE, do not let Six Flags get their hands on Busch Gardens. The last thing they need is to become "Superhero Land" with all the trees cut down and falling into disrepair. The current owners are not the greatest and have made some horrible decisions and budget cuts, but they are at least keeping the theming in tact and keeping what they do have in decent shape. I so miss the days of Anheuser-Busch. Quote Link to comment Share on other sites More sharing options...
Lemur Posted December 24, 2018 Report Share Posted December 24, 2018 22 hours ago, RobertDavid said: God PLEASE, do not let Six Flags get their hands on Busch Gardens. The last thing they need is to become "Superhero Land" with all the trees cut down and falling into disrepair. The current owners are not the greatest and have made some horrible decisions and budget cuts, but they are at least keeping the theming in tact and keeping what they do have in decent shape. I so miss the days of Anheuser-Busch. Don't worry, it ain't happening. It was just another one of those pesky rumors. That aside, BGT filed for permits. Gwazi RMC Conversion. God Bless us everyone. Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted May 7, 2019 Author Report Share Posted May 7, 2019 (edited) According to several SEC filings today, Zhonghong defaulted on it's Seaworld loans and all shares (19,452,063) held by the holding company SunWise (UK) have transferred to PAG Holdings Ltd. PAG Holdings Ltd. is an affiliate of Pacific Alliance Group. As a result, the board has asked Yongli Wang to resign from the board and decided to decrease the number of board members from 9 to 8. The number of board members will soon drop to 6 after the terms of 2 retiring board members expire. With Zhonghong out of the way, keep an eye on activist investor and board member Scott Ross and his company Hill Path Capital. Hill Path Capital owns 16.62% of Seaworld shares as of Dec. 30, 2018. https://www.seaworldinvestors.com/corporate-governance/board-of-directors/person-details-bod/default.aspx?ItemId=f01eb946-7c0b-40d8-a6b8-b99c93f17751 Note that Richard Golding, the current Chairman of the Board at Parques Reunidos, is also an operating partner at Hill Path Capital. https://www.parquesreunidos.com/en/the-group/board-of-directors/ Edited May 7, 2019 by Medusa42 fixed typo Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted May 20, 2019 Author Report Share Posted May 20, 2019 A new SEC filing was published today and it looks like PAG Holdings Ltd. is offering its 23.1% stake in Seaworld stock (19,452,063 shares) for sale through transfer agent Lord Central Opportunity V Limited http://d18rn0p25nwr6d.cloudfront.net/CIK-0001564902/53c02144-ee49-47f8-b0ba-71f502295ab8.pdf Through a previous agreement between Seaworld and the transfer agent, the shares are restricted from being sold to the following entities: - Walt Disney Parks and Resorts - Universal Studios - Six Flags, Inc. - Cedar Fair Entertainment Company - Merlin Entertainments Group Ltd. - Herschend Family Entertainment http://d18rn0p25nwr6d.cloudfront.net/CIK-0001564902/e5397eef-7b8d-4077-9a07-fa52bffbe07e.pdf Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted May 28, 2019 Author Report Share Posted May 28, 2019 Hill Path Capital just made it's move for control of the company. https://seekingalpha.com/news/3467042-seaworld-entertainment-announces-share-deals Quote SeaWorld Entertainment announces share deals May 28, 2019 7:25 AM ET|About: SeaWorld Entertainment, Inc. (SEAS)|By: Clark Schultz, SA News Editor SeaWorld Entertainment (NYSE:SEAS) discloses that it entered into an agreement to acquire ~5.6M shares for approximately $150M from an affiliate of PAG. In addition, it entered an agreement with Hill Path Capital for certain of its affiliated investment funds to acquire ~13.2M shares from an affiliate of PAG to increase its equity stake in SeaWorld to ~34.5%. In connection with the closing of Hill Path's purchase of shares, SeaWorld agreed to appoint up to three Hill Path director designees to its board of directors. The company says the buyback reinforces the board's commitment to opportunistically use excess capital to return value to shareholders. "Our improving financial and operating results over the past several quarters demonstrate that we are on the right track to deliver further value to shareholders," notes CEO Yoshikazu Maruyama. Source: Press Release Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted September 7, 2019 Author Report Share Posted September 7, 2019 3 Park Presidents have left the company this year. https://behindthethrills.com/2019/09/seaworld-san-antonio-president-carl-lum-joins-list-of-leaving-seaworld-executives/ Quote SeaWorld San Antonio Park President Carl Lum is reportedly out, joining a growing list of park executives that have left the company in recent months. This change comes alongside a wave of changes for SeaWorld Entertainment as a whole. In February 2019, Gus Antorcha joined the company as CEO, replacing John Reilly, the former interim CEO and park president of Busch Gardens Williamsburg and SeaWorld San Diego. Reilly resigned a month later. In April 2019, Mark Pauls resigned from his post as Park President of SeaWorld and Aquatica Orlando. In July, the Park President of Busch Gardens Williamsburg, Kevin Lembke, left “to pursue other opportunities.” Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted September 16, 2019 Author Report Share Posted September 16, 2019 SeaWorld CEO Gus Antorcha resigned, Marc Swanson appointed interim CEO. https://www.mynews13.com/fl/orlando/news/2019/09/16/seaworld-ceo-gus-antorcha-resigns Quote SeaWorld said Antorcha's resignation was prompted by "disagreements over the board's involvement in the decision making at the company." Quote Link to comment Share on other sites More sharing options...
GAcoaster Posted June 24, 2020 Report Share Posted June 24, 2020 New speculation that the largest shareholder is trying to push the company into bankruptcy and get rid of their biggest expense (the animals):https://www.orlandoweekly.com/Blogs/archives/2020/06/24/seaworlds-largest-shareholder-may-be-pushing-the-company-into-bankruptcy Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted January 23 Author Report Share Posted January 23 SeaWorld Parks and Entertainment is now the owner of the old trademarks for United Parks and has registered a new trademark for United Parks and Resorts. It appears a rebranding is in progress. https://tsdr.uspto.gov/documentviewer?caseId=sn98360846&docId=APP20240117163406&linkId=2#docIndex=1&page=1 Quote Link to comment Share on other sites More sharing options...
harry2004 Posted January 23 Report Share Posted January 23 2 hours ago, Medusa42 said: SeaWorld Parks and Entertainment is now the owner of the old trademarks for United Parks and has registered a new trademark for United Parks and Resorts. It appears a rebranding is in progress. https://tsdr.uspto.gov/documentviewer?caseId=sn98360846&docId=APP20240117163406&linkId=2#docIndex=1&page=1 so, seaworld parks & entertainment is going to get renamed to united parks & resorts? Quote Link to comment Share on other sites More sharing options...
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