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SAN DIEGO CA-Merlin Entertainments, the owner of Seaworld San Diego, Legoland and other major tourist attractions worldwide, made an initial public offering Friday on the London Stock Exchange.

Merlin sold a 30% stake in the business, raising a gross total of around $1.53 billion (about £957m) for the company and the selling shareholders. After being priced at about $5.04, (315p), the shares jumped to about $5.68 (355p) in early conditional trading before closing up 7% to about $5.55 (347p).

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