SeaWorld Entertainment, Inc. to purchase approximately 5.6 million shares from an affiliate of Pacific Alliance Group (“PAG”); Hill Path Capital to purchase approximately 13.2 million shares from PAG and increases equity stake to approximately 34.5%

ORLANDO, Fla., May 28, 2019 /PRNewswire/ — SeaWorld Entertainment, Inc. () (“SeaWorld” or the “Company”), a leading theme park and entertainment company, announced today that (a) the Company has entered into an agreement to acquire approximately 5.6 million shares for approximately $150.0 million from an affiliate of PAG and (b) Hill Path Capital LP and certain of its affiliated investment funds (“Hill Path”), a long-term SeaWorld investor have entered into an agreement for certain of such affiliated investment funds to acquire approximately 13.2 million shares, from an affiliate of PAG, increasing its

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