Thursday, 5 October 2017

UK-based entertainment giant Merlin shares rise on talk of SeaWorld deal

Shares in the UK-based entertainment giant Merlin are up almost 3% on reports the Madame Tussauds and London Eye owner has held talks to take over parts of US theme park giant SeaWorld.

SeaWorld, which is based in Orlando, Florida, specialises in marine parks.

Its shares rose 5% on Wednesday on speculation a deal was in sight, but were 3% lower in Thursday trading.

Merlin, which also runs Legoland theme parks worldwide, is understood to be interested in only part of SeaWorld.

Merlin is already the world's largest aquarium operator. In August, at the time of its interim results, it said it might only be interested in SeaWorld's Busch Gardens assets.
Busch Gardens is a Florida theme park with an African flavour.

BBC      News.

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