Not really sure where to put this as it's really a multipark discussion. But today Blackstone finally sold their 50% share of Universal for $1,025,000,000.
One interesting quote from Blackstone's Steve Burke:
So what do you guys think about them investing some of that back into the Seaworld Parks? Is this all profit for shareholders or do you think this could be used to build up the parks?
They also own Merlin which runs Alton Towers and Thorpe. Maybe they'll throw some money their way as well?
I for one hope they invest it slowly to the parks and allow them to make yearly improvements. I also hope they use it to invest in removing Europe in the Air.
One interesting quote from Blackstone's Steve Burke:
The acquisition consolidates our ownership and confirms our long-term commitment to Universal Orlando and the theme park business.
So what do you guys think about them investing some of that back into the Seaworld Parks? Is this all profit for shareholders or do you think this could be used to build up the parks?
They also own Merlin which runs Alton Towers and Thorpe. Maybe they'll throw some money their way as well?
I for one hope they invest it slowly to the parks and allow them to make yearly improvements. I also hope they use it to invest in removing Europe in the Air.