Posted
The announcement of Anheuser-Busch Cos.' takeover by a giant Belgian brewer came with plans to sell unidentified "noncore assets" to raise $7 billion to help finance the $52 billion purchase. That is raising questions over the fate of its Virginia properties, including the Busch Gardens Europe theme park, the Water Country USA water park and Kingsmill Resort & Spa, all near Williamsburg.
Read more from The Richmond Times-Dispatch.
As for the SeaWorlds... CF could buy them, turn Shamu's tank into a wave pool, add a slide or two, and then close down everything else, selling off Kraken, SteelEel, and all of the Atlantis' to a scrap dealer from Cleveland.*** This post was edited by SLFAKE 7/16/2008 9:59:39 AM ***
Plus there's the matter of paying off the purchase, and the amusement business (BEC) is something that qualifies as non-core assets in which InBev has no experience (or apparently interest).
True, they have learned a painful lesson on this one.
Wait, maybe they could sell to Six Flags, thus increasing their debt, to later sell it to Cedar FAir...
Why does this sound familiar???
;)
*** This post was edited by FLYINGSCOOTER 7/16/2008 2:48:36 PM ***
Every community that has a BEC park whether it is small or large should be sweating bullets right now. *** This post was edited by Dutchman 7/18/2008 6:19:19 PM ***
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