02.07.09
Busch Entertainment For Sale?
Rumors are InBev, which bought Anheuser-Busch, is putting Busch Entertainment up for sale, or possibly spinning it off into it’s own company.
Busch Entertainment is sitting on $7 Billion in assets, drawing up to $4 Billion if put up for sale.
At this point, all theme park operators are potential bidders, but the tight credit market may push out the weaker companies.
In our opinion, they could get more money by spliting the different park companies up and selling them.
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