News Archive - December 2009

More suits filed to block Cedar Fair sale

Posted December 31, 2009, 12:21P | Contributed by Jeff

Allegations include high executive payouts and a low-ball offer from Apollo.

Knott family unsure how to vote in Cedar Fair acquisition

Posted December 30, 2009, 3:36P | Contributed by Jeff

The family, which owns units of Cedar Fair acquired when they sold Knott's Berry Farm, isn't sure they want to be left with a "small pot of money."

Orlando parks end year on attendance boost

Posted December 30, 2009, 3:36P | Contributed by Jeff

Sluggish year wrapping up with more turnstile clicks.

Seabreeze announces Disk-O for 2010 season

Posted December 29, 2009, 11:54A | Contributed by Jeff

Revolution 360° will rotate into the park's 132nd season.

Legoland California continues to build on success with hotel and water park

Posted December 29, 2009, 11:54A | Contributed by Jeff

Park finishing another record year after opening an aquarium.

Markey still can't get hearing for fed safety bill

Posted December 28, 2009, 11:44A | Contributed by Jeff

Congressman again tries to push his agenda, getting little traction.

Four lawsuits filed against Cedar Fair over sale deal

Posted December 23, 2009, 12:24P | Contributed by Jeff

Suits claim that the selling price for the company is too low.

Analyst: Cedar Fair deal "seems a bit low"

Posted December 21, 2009, 11:50A | Contributed by Jeff

Analysts and unit holders not enthusiastic about Apollo bid for the amusement park company.

CoasterBuzz Podcast #166 posted

Posted December 21, 2009, 1:20A | Contributed by Jeff

Cedar Fair sale, talent bleed, micromanagement, Comcast and NBC Universal, Harry Potter, 49ers, disappearing Disney World discounts, Tivoli on wind, Roy Disney dies, Candlelight Procesional.

Kinzel says he and Cedar Fair headquarters will stay in Sandusky

Posted December 18, 2009, 12:36P | Contributed by Jeff

CEO of the company, pending a sale to Apollo Management, says little will change.

Candlelight Processional an Epcot holiday tradition

Posted December 18, 2009, 12:36P | Contributed by Jeff

Hundreds of singers, orchestra and celebrity readers tell the story of Jesus Christ each Christmas season.

Cedar Fair agrees to be acquired by an affiliate of Apollo Global Management

Posted December 16, 2009, 10:25P | Contributed by Jeff

Unit holders will receive $11.50 per unit, if approved.

Roy E. Disney dies of stomach cancer at age 79

Posted December 16, 2009, 10:25P | Contributed by VitaminsAndGravy

Nephew of Walt Disney worked behind the scenes to maintain the direction of the company.

Wall Street Journal says Cedar Fair bought by private equity firm Apollo Management

Posted December 16, 2009, 6:13P | Contributed by tambo

Purchase prices is $700 million, and firm will acquire Cedar Fair's $1.6 billion in debt.

Tourism official suggests hope for Cypress Gardens

Posted December 16, 2009, 11:50A | Contributed by Jeff

Tourism official says something positive could happen before the end of the year.

Grayling, Michigan park a "dead issue"

Posted December 16, 2009, 11:50A | Contributed by Jeff

Missed deadlines and silence make the project little more than wishful thinking.

Disneyland Resort in Paris contributes $9.5 billion to that economy

Posted December 16, 2009, 11:50A | Contributed by Jeff

Periodic evaluations show 40% boost since last study.

Universal Orlando adding IMAX to City Walk theater

Posted December 15, 2009, 11:35A | Contributed by Jeff

The AMC 20 facility will host the new giant screen theater opening this week.

Tivoli: Powered by wind

Posted December 14, 2009, 11:55A | Contributed by Jeff

Park expects to have its own turbine to power the park.

Disney anticipates final agreement for Shanghai in a few months

Posted December 14, 2009, 11:55A | Contributed by Jeff

Company has been trying to build a park on mainland China for years.

Indoor water park deals driving winter trips

Posted December 11, 2009, 1:51P | Contributed by Jeff

What started as a small business in Wisconsin has become big business around the country.

Big League Dreams renews interest in Six Flags New Orleans site

Posted December 11, 2009, 1:51P | Contributed by Jeff

Company wants NO officials to build a facility, in exchange for running it for 30 years.

Kennywood's new coaster named Sky Rocket

Posted December 10, 2009, 11:40A | Contributed by Jeff

New ride is first new coasters since Phantom's Revenge opened in 2001.

Fewer discounts at Disney as economy improves

Posted December 10, 2009, 11:40A | Contributed by Jeff

CEO Bob Iger says they'll commit to scaling back the discounting programs once they see things turn around.

Cedar Fair lawsuit could stall 49ers stadium in Santa Clara

Posted December 9, 2009, 11:48A | Contributed by Jeff

Company says it's just making sure it looks out for its rights.

Freesetyle Music Park plans to pay its bills by January

Posted December 9, 2009, 11:48A | Contributed by Jeff

Park's owners say they're trying to close a deal with new investors.

Six Flags bankruptcy judge rejects exit financing

Posted December 9, 2009, 11:48A | Contributed by Jeff

Judge says breakup fees are too high in existing contract.

Universal Orlando starts to ramp up Harry Potter promotion

Posted December 8, 2009, 11:54A | Contributed by Jeff

New TV spots and UK sponsorship deal begin the marketing blitz.

Bond holders lose bid to reorganize Six Flags

Posted December 8, 2009, 11:54A | Contributed by Jeff

Company will get to set its own path in bankruptcy.

NBC Universal chief sticks to script over Comcast deal on analyst call

Posted December 8, 2009, 11:54A | Contributed by Jeff

Jeff Zucker says consumers can win if the deal is approved by regulators.

Santa Clara to vote on 49ers stadium tomorrow, Cedar Fair dispute not settled

Posted December 7, 2009, 12:06P | Contributed by Jeff

Vote would clear the way to allow residents to vote on the project.

Companies step up in response to Coney Island RFP

Posted December 7, 2009, 12:05P | Contributed by Jeff

More than 50 companies consider submiting proposals for the site as the Coney Island Development Corp. ramps up.

CoasterBuzz Podcast #165 posted

Posted December 7, 2009, 1:13A | Contributed by Jeff

Walt Disney World for the holidays, Kings Island vs. Mason, UO vs. OSHA, Great America saviour, Busch independence, holiday events, Six Flags bankruptcy, another wheel chair controversy, scooter rant.

Disabled mayor says he was treated poorly by Disney World

Posted December 2, 2009, 10:25A | Contributed by Chitown

Man in two-wheel chair says he was harassed by employees over position of chair.

Six Flags bondholders ask bankruptcy judge to end company's right to exclusive reorg plan

Posted December 1, 2009, 8:44P | Contributed by Jeff

This is the third plan submitted by bondholders.

AB-InBev closes sale of Busch parks

Posted December 1, 2009, 8:44P | Contributed by Jeff

Blackstone Group completes acquisition for at least $2.3 billion.

Busch Entertainment changes corporate name to SeaWorld Parks & Entertainment

Posted December 1, 2009, 8:19P | Contributed by kpjb

Blackstone distancing parks from A-B/InBev ownership.

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