Originally published Wednesday, October 7, 2009 at 9:15 AM
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AB-InBev sells off theme parks
Anheuser-Busch InBev says it will sell its U.S. theme parks to the Blackstone Group for $2.7 billion.
The Associated Press
Anheuser-Busch InBev says it will sell its U.S. theme parks to the Blackstone Group for $2.7 billion.
The sale of three SeaWorld parks, two Busch Gardens parks and five others is the largest of a string of selloffs AB-InBev has made to help pay for the $52 billion takeover deal that formed it last year.
AB-InBev chief executive Carlos Brito said in a Wednesday statement that the theme parks were "not a core business" for the company.
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