![#](www.e-malt.com/images/left_top_corner16x200.gif) | E-Malt.com News article: United States: AB InBev closes Busch Entertainment Corporation sale![Brewery news](https://e-malt.com/Images/BeerBullet2.gif)
World’s No. 1 brewer Anheuser-Busch InBev and The Blackstone Group announced on December, that they have closed the previously announced transaction for Blackstone Capital Partners V L.P. (Blackstone) to purchase Busch Entertainment Corporation from Anheuser-Busch InBev, for up to USD 2.7 billion.
In accordance with the agreement, the purchase price is comprised of a cash payment of USD 2.3 billion and a right to participate in Blackstone’s return on its initial investment capped at USD 400 million. Busch Entertainment Corporation is now known as SeaWorld Parks & Entertainment.
BofA Merrill Lynch, Barclays Capital, Blackstone Advisory & Restructuring Partners, Deutsche Bank Securities Inc. and Goldman Sachs acted as financial advisors to Blackstone. Simpson Thacher & Bartlett LLP acted as legal counsel to Blackstone.
J.P. Morgan and Lazard acted as financial advisors to Anheuser-Busch InBev. Sullivan & Cromwell LLP acted as legal counsel to Anheuser-Busch InBev.
04 December, 2009
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