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Merlin Entertainments bids for part of SeaWorld - Bloomberg

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Merlin Entertainments bids for part of SeaWorld - Bloomberg

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(Reuters) – UK-based theme park operator Merlin Entertainments Plc <MERL.L> has approached marine park operator SeaWorld Entertainment Inc <SEAS.N> about a potential deal, according to people familiar with the matter, Bloomberg reported. Merlin, which runs Legoland parks worldwide and also owns Madame Tussauds, has made a bid for part SeaWorld, which could be a problem as SeaWorld prefers an outright sale, the people said. SeaWorld, which has been working with advisers to explore options including a sale, has also received interest from other possible suitors, BBG said. (https://bloom.bg/2xTu4WV) Shares of Orlando-based SeaWorld were trading up 4.6 percent after the bell on Wednesday. Both companies could not be reached for comment outside business hours.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Martina D’Couto)
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