Economics

Sea World Makes Debut as Public Company

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To many Americans, SeaWorld offers family fun amid penguins and killer whales.

To the Blackstone Group,, it offers the potential for lucrative returns.

On Friday, SeaWorld Entertainment will make its debut as a public company on the New York Stock Exchange in one of the biggest offerings of a private-equity-backed company in recent months. SeaWorld has become a signature investment for Blackstone, which recently played host to a pair of penguins in its Park Avenue offices.