Looks like Shamu may soon be making a splash in the stock market.
The company behind the water shows featuring killer whales, dolphins and other animals at SeaWorld on Thursday said it was planning to go public.
SeaWorld Entertainment Inc. filed for an initial public offering of stock with an initial goal of raising $100 million. That number is likely to change as the company’s bankers gauge interest from investors.
SeaWorld’s owner, Blackstone Group LP, will likely sell some of its stake in the deal. But the private equity firm will still own a majority of the voting power of the company’s shares after the IPO, the company said in a filing with the Securities and Exchange Commission. Read more here.