SeaWorld shares jump on news of large Chinese investment

Chinese real estate holding company Zhonghong Zhuoye Group Co. purchased a 21 percent stake in SeaWorld Entertainment from private asset management firm Blackstone Group at $23 per share.

The news sent SeaWorld's shares up nearly 5 percent on Friday.

The company's financials have suffered since the 2013 2013 documentary "Blackfish" alleged poor treatment of killer whales may have led to the deaths of trainers.

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