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...On Thursday, SeaWorld Entertainment reported 2021 fourth-quarter results that trumped the same quarter in pre-pandemic 2019....
...Theme park group SeaWorld, outdoor product manufacturer Yeti and Edgewell Personal Care, the group behind Schick razors, also report before the market opens....
...A batch of consumer goods and entertainment companies also report this morning, including Kellogg and theme park group SeaWorld. Lyft, the ride-hailing company, reports after the market closes....
...In 2017, Huarong also helped developer Zhonghong Holdings purchase a $449m stake in US amusement park operator Seaworld Entertainment....
...That compares with a coupon of 9.5 per cent on a $500m five-year bond sold by triple C-rated Seaworld Entertainment, the theme parks operator, at the end of July....
...At the other end of the scale, SeaWorld Entertainment abruptly stopped paying more than 90 per cent of its parks staff in late March, with no company safety net at all....
...A former lawyer at SeaWorld Entertainment has pleaded guilty to insider trading after he made tens of thousands of dollars buying the company’s stock last year ahead of a strong set of earnings results....
...Zhonghong, which once owned a controlling stake in SeaWorld Entertainment, used such borrowings to buy assets overseas but has since been forced to sell off those businesses....
...Entertainment, according to several people with knowledge of the matter....
...SeaWorld and its former chief executive agreed to pay more than $5m to resolve allegations that they misled investors about the fallout from a documentary film, Blackfish, whose depiction of the marine entertainment...
...Sign up here with one click ● Goldman Sachs upgraded SeaWorld Entertainment to “buy” from “neutral” with a $39 share price target....
...A Seaworld spokesman declined to comment. SeaWorld had previously disclosed it was under investigation by the SEC and US Department of Justice....
...SeaWorld shares are up 16 per cent year-to-date following a 28 per cent decline last year....
...Merlin Entertainments has approached SeaWorld about a possible acquisition. SeaWorld’s shares rose as much as 10 per cent to $15 in after-hours trading before paring those gains....
...Shares in SeaWorld, down nearly 41 per cent so far this year, fell another 3.5 per cent in pre-market trading. (Photo: Getty)...
...ValueAct, the activist hedge fund, has become the third largest shareholder in Merlin Entertainments after acquiring a 5.4 per cent stake in the theme-park owner....
...Merlin Entertainments, the operator of Legoland theme parks, has approached SeaWorld about a possible deal....
...The curtain is finally falling on SeaWorld Entertainment’s chairman....
...In 2017, for instance, property developer Zhonghong Holdings made two large investments in overseas companies, buying a 21 per cent stake in US ocean-themed amusement park SeaWorld Entertainment for $449m...
...These poor results, as well as recent failed deal talks with SeaWorld, have prompted market speculation over Merlin’s corporate future in recent months....
...SeaWorld shares are down 28 per cent so far this year....
...A year of bad weather across Europe and a spate of terrorist attacks in the UK hit trading at Merlin Entertainments, but the unceasing desire of children to visit its Legoland parks boosted growth at the...
...In 2017, for instance, property developer Zhonghong Holdings made two large investments in overseas companies, buying a 21 per cent stake in US amusement park SeaWorld Entertainment for $449m, and 91 per...
...Merlin Entertainments edged 0.9 per cent higher at 468.2p amid talk of a bidding war for SeaWorld, the US theme park owner....
...Yoshikazu Maruyama, president of Zhonghong Group’s American operations, said that the company was “delighted to engage with SeaWorld to bring this iconic, world-class family entertainment brand to China....
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