Why did Anheuser-Busch sell Busch Gardens?


Why did Anheuser-Busch sell Busch Gardens? Anheuser-Busch InBev had been seeking a buyer for its theme parks since completing the $52 billion merger of beer giants InBev and Anheuser-Busch last year. Executives have said they want to sell off non-core assets to use the proceeds to pay down debt stemming from the merger.


Who currently owns SeaWorld?

SeaWorld Parks & Entertainment is a wholly owned subsidiary of SeaWorld Entertainment, Inc., a publicly traded company.


When did China buy Anheuser-Busch?

That operation merged with Belgian giant Interbrew in 2004 to create InBev, which then obtained America's largest brewer, St. Louis's Anheuser-Busch, in 2008 in a stunning $52 billion deal. The new AB InBev outdid itself last year by paying $103 billion for rival SABMiller.


Is SeaWorld still owned by Anheuser-Busch?

The parks were bought in 1989 by Busch Entertainment Corp., the family entertainment division of Anheuser-Busch, which is best known for brewing beer. In 2009, Busch Entertainment was sold to the Blackstone Group and subsequently renamed SeaWorld Entertainment.


What country owns Anheuser-Busch now?

Anheuser-Busch InBev, or AB InBev, is a multinational drinks conglomerate headquartered in Belgium. It's the world's largest beer brewer by both volume and revenue, operating more than 600 beer brands in 150 countries.


When did SeaWorld acquire Busch Gardens?

SeaWorld Entertainment, Inc. owns and operates three SeaWorld locations in San Diego, Orlando and San Antonio, as well as the two Busch Gardens locations in Williamsburg and Tampa. The rights to the Busch Gardens parks were acquired by SeaWorld's ownership group for $2.7 billion in 2009.


Who owns Six Flags?

Wynne, Jr. in 1961, upon the opening of Six Flags Over Texas. Six Flags Theme Parks is a fully-owned subsidiary of Six Flags Entertainment Corporation (formerly Premier Parks), who purchased the company from Time Warner in 1998.