Saturday, October 1, 2022

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Looks Like SeaWorld Could Shell Out Billions To Take Over Another Amusement Park Company

SeaWorld Parks & Entertainment may be on the verge of becoming the biggest amusement park company in the country. The company, which owns the Busch Gardens parks as well as Sesame Place, has made significant strides in recent years to become a bigger player in the amusement park world, and away from being the aquatic animal park. And now it looks like the company may spend $3.4 billion to become even bigger by buying an even larger theme park company, Ohio-based Cedar Fair.

According to Bloomberg, SeaWorld has offered $60 per unit in cash to buy the company that currently owns Knott’s Berry Farm, Cedar Point, and 15 other park locations. It would instantly make SeaWorld, which was already a significant player, the biggest in the game when it comes to the number of physical locations in North America.

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