SeaWorld Entertainment Inc. made waves Friday in its first day of trading on the New York Stock Exchange when its stock opened at $30.56 a share. One newly invested part-owner quickly stepped forward -- People for the Ethical Treatment of Animals.
No matter which side of the fence your opinions lie, everyone loves a good blind-side. And PETA just dished out a doozy.
Although the animal rights organization did not disclose how many shares it had bought, the group ensured it was sufficient enough, "to give us the right to attend and speak at annual meetings and to submit shareholder resolutions asking for policy changes," they said.
For a corporation that usually has its ducks (penguins?) all in a row, SeaWorld executives cannot be happy.
PETA meanwhile, has set its own shareholder agenda.
"Our first order of business as part owners of SeaWorld," wrote Michelle Kretzer in PETA's blog, is "Getting the orcas out—including Corky, who has been enslaved by SeaWorld for 44 years."
Ouch. The annual meetings should be fun.
But PETA isn't stopping there. The organization said that it is also proposing to "educate stockholders about how marine parks tear orcas and dolphins away from their homes and families and imprison them in minuscule concrete tanks, where they suffer from captivity-induced stress and illness."
Now I'd definitely buy a ticket to see that.
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of DigitalJournal.com