Anheuser-Busch InBev raises $2.7 billion from selling SeaWorld, Busch Gardens theme parksOctober 7th, 2009 AB-InBev sells off theme parks for $2.7 billionBRUSSELS — Anheuser-Busch InBev SA, the world's largest brewer, said Thursday that it will raise $2.7 billion from selling its U.S. theme parks to the Blackstone Group.
Anheuser-Busch InBev seals deal to sell amusement parks to Blackstone for at least $2.3BOctober 7th, 2009 Anheuser-Busch InBev sells parks in $2.3B dealNEW YORK — Anheuser-Busch InBev is selling its theme parks, including SeaWorld and Busch Gardens, to private equity firm Blackstone Group for at least $2.3 billion. The world's largest brewer has been shedding assets to help pay for its $52 billion buyout of Anheuser-Busch last year.
Anheuser-Busch InBev raises $2.7 billion from selling theme parks to Blackstone GroupOctober 7th, 2009 AB-InBev sells off theme parksBRUSSELS — Anheuser-Busch InBev says it will sell its U.S. theme parks to the Blackstone Group for $2.7 billion.
Report: Blackstone Group nearing deal to buy Anheuser-Busch InBev's amusement parksOctober 2nd, 2009 Report says Blackstone closer on AB InBev dealNEW YORK — Private equity firm Blackstone Group is close to sealing a deal to buy Anheuser-Busch InBev's theme parks unit, including such notable parks as SeaWorld and Busch Gardens, according to a media report Friday. Citing unnamed sources, the Wall Street Journal reported that the New York-based firm could buy the theme parks operated under the Busch Entertainment unit next week in a transaction worth between $2.5 billion and $3 billion.
Report: Blackstone Group considering buying Anheuser-Busch InBev's amusement parksSeptember 23rd, 2009 Report: Blackstone Group may buy AB InBev's parksNEW YORK — Private equity firm Blackstone Group is looking into buying Anheuser-Busch InBev's theme parks, including its three SeaWorld venues and two Busch Gardens, according to a media report Wednesday. Dow Jones Newswires — citing unnamed sources — said the firm was considering buying theme parks operated under Busch Entertainment Corp.
Snoopy ousts SpongeBob as Cedar Fair replaces Nickelodeon with Peanuts in its theme parksSeptember 3rd, 2009 SpongeBob out, Snoopy in at Cedar Fair theme parksSANDSUKY, Ohio — Move over, SpongeBob and Dora. Make way for Snoopy.
Netezza's 2nd-quarter profit plunges on lower sales, higher costsAugust 27th, 2009 Netezza 2Q profit plunges on sales, costsMARLBOROUGH, Mass. — Netezza Corp., which makes products that enable companies to store and analyze large amounts of data, said Thursday its second-quarter profit plunged on a mix of sliding sales and higher costs.
Disney 3rd quarter profit falls 26 percent due to tough global economy.July 30th, 2009 Disney 3Q profit falls 26 pct, tough world economyLOS ANGELES — The Walt Disney Co. said Thursday its fiscal third-quarter profit fell 26 percent as slower DVD sales pushed its movie studio into the red while the weakening market for TV ads stabilized.
MetLife reports 2nd-quarter loss of $1.43 billion as investment income declinesJuly 30th, 2009 MetLife posts 2Q loss as investment income fallsNEW YORK — MetLife Inc. said Thursday it lost $1.43 billion in the second quarter as it booked losses on its investments.
MEMC Electronic Materials' 2nd-quarter profit plunges on continued economic slumpJuly 24th, 2009 MEMC Electronic Materials 2Q profit plungesST. PETERS, Mo. — Silicon wafer maker MEMC Electronic Materials Inc.
Linear Technology profit plunges 45 percent in 4th qtr as revenue declines, customers cautiousJuly 22nd, 2009 Linear Technology 4Q profit sinks 45 percentMILPITAS, Calif. — Linear Technology Corp.
Income tax collections plunge 26 percent in early 2009, eroding state budgetsJune 19th, 2009 States' income tax revenue plunges in early 2009ALBANY, N.Y. — State personal income tax collections dropped 26 percent nationwide through first four months of this year compared with a year ago, putting many states' already-shaky budgets into deeper trouble, a research institute reported.
Disney profits plunge 46 percentMay 6th, 2009 LOS ANGELES - Entertainment conglomerate Disney saw second quarter profits plunge by 46 percent, the company said Tuesday. Citing restructuring charges, declining DVD sales and a drop in advertising, Disney said it earned $613 million in the quarter compared to $1.13 billion a year ago.
Disney's quarterly income plunges 46 percent on declines at studio, theme parksMay 5th, 2009 Disney profits plunge; recession hurts theme parksLOS ANGELES — The Walt Disney Co. said Tuesday its second-quarter net income fell 46 percent, with sharply lower profits at its movie studio and theme parks.
Even Disney cuts jobs as people skip theme parksApril 5th, 2009 LOS ANGELES - The US economic downturn has begun to take its toll on the entertainment industry, with giant Walt Disney Co. axing 1,900 jobs from its theme parks in California and Florida.
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