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BUSINESS
August 23, 1989 | CHRIS KRAUL, San Diego County Business Editor
Wesray Capital Corp., a New Jersey investment firm active in leveraged buyouts, has emerged as one of at least four companies interested in buying the four Sea Worlds and two other theme parks from parent Harcourt Brace Jovanovich, sources close to the sale said Tuesday. A purchase of the Harcourt properties would not be the first foray into theme parks by Wesray, a Morristown, N.J. firm co-founded by former Treasury Secretary William E. Simon.
BUSINESS
March 12, 1985 | BILL RITTER
It's been two weeks since a management shake-up caused a splash at otherwise tame Sea World San Diego, and insiders still aren't sure what sparked the upheaval or why it happened. "Nothing makes sense," said one Sea World executive. He's just changing everything." "He," of course, is William Jovanovich, chairman and chief executive of Orlando, Fla.-based Harcourt Brace Jovanovich, Sea World's parent. And apparently, Jovanovich directed the leave-takings of Sea World Enterprises Inc.
BUSINESS
August 23, 1989 | CHRIS KRAUL, San Diego County Business Editor
Wesray Capital Corp., a New Jersey investment firm active in leveraged buyouts, has emerged as one of at least four companies interested in buying the four Sea Worlds and two other theme parks from parent Harcourt Brace Jovanovich, sources close to the sale said Tuesday. A purchase of the HBJ properties would not be the first foray into theme parks by Wesray, a Morristown, N.J., firm co-founded by former Treasury Secretary William E. Simon.
BUSINESS
July 26, 1989 | CHRIS KRAUL, San Diego County Business Editor
Three former Sea World executives say they plan to make an offer to buy the four Sea Worlds and two other amusement parks that were put up for sale last month by owner Harcourt Brace Jovanovich. Former executives Jan Schultz, Robert Hillebrecht and George Millay are the first group to publicly acknowledge that they are making a run at the parks, which HBJ is selling to reduce the massive debt it incurred last year to fend off a hostile takeover attempt by British corporate raider Robert Maxwell.
CALIFORNIA | LOCAL
December 21, 1987 | GREG JOHNSON, Times Staff Writer
William Jovanovich, who describes himself as a "writer and editor," and HBJ, one of the nation's largest textbook publishers, entered the entertainment industry in 1976 when the company paid $51 million for three Sea World aquatic parks in San Diego; Orlando, Fla., and Ohio. It quickly became apparent that the company had stepped onto new ground.
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