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InBev might be selling theme parks
Staff photo (2008)
Busch Entertainment Group, which operates Busch Gardens and Adventure Island in Tampa and eight other theme parks.
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Published: September 24, 2009
TAMPA - Busch Gardens may be closer to having a new owner.
Blackstone Group LP, a New York-based investment firm, is looking into a deal to buy Anheuser-Busch InBev's theme parks, the Wall Street Journal reported Wednesday. It cited an unidentified source.
InBev bought Anheuser-Busch last year and has been searching for a buyer for theme parks operated under Busch Entertainment Corp. The amusement parks include Busch Gardens and SeaWorld.
InBev paid $52 billion for Anheuser-Busch. Blackstone alreadyhas a stake in Universal Orlando and Madame Tussauds wax museum.
Blackstone also owns London-based Merlin Entertainments Group.
Analysts have estimated a Busch Entertainment sale could fetch $2 billion to $5 billion.
Representatives for Anheuser-Busch InBev could not be reached for comment.
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