Blackstone sells stake in SeaWorld to China’s Zhonghong Zhuoye

Mar 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – China-based Zhonghong Zhuoye Group Co Ltd will buy Blackstone Group LP’s 21 percent stake in SeaWorld Entertainment Inc , the embattled U.S.-based marine park operator said on Friday.