Cedar Fair
How was Cedar Fair started?
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Visit my VisionLand and SFOG site at: www.geocities.com/six_flags2002
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Visit my VisionLand and SFOG site at: www.geocities.com/six_flags2002
visit my forums: http://pub80.ezboard.com/bvisionlandandsfogcentral
Cedar Point went out and bought a second park...Valley Fair. The company became Cedar Fair. I suppose it could now be called Cedar Fair Dorney Worlds of Knott's Berry Soak City USA's. But that would be overdoing it.
Years ago, Cedar Point was almost turned into a housing development but then governor of Ohio encouraged the owner not to destroy the historic park.
Years ago, Cedar Point was almost turned into a housing development but then governor of Ohio encouraged the owner not to destroy the historic park.
Wow. Just think what the industry would be like if Cedar Point was a bunch of aparments! Scary thing to think about.
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Cyclops. 1900 feet of CCI goodness.
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Cyclops. 1900 feet of CCI goodness.
Hmmm, I beleive it was created to prevent un-friendly takeovers of Cedar Point from competitors.
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Jes
Webmaster, Jes's Roller Coasters
http://www.jesms.cjb.net
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Jes
Webmaster, Jes's Roller Coasters
http://www.jesms.cjb.net
A park can't be taken over unfriendly or otherwise unless it's for sale! I don't think Cedar Point was ever a publicly traded amusement park. I could be wrong though.
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Forget about it. It can't be THAT bad!
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Forget about it. It can't be THAT bad!
When will Cedar Fair annouce there capital plans for 2002?
*** This post was edited by VIPER on 7/2/2001. ***
janfrederick said:
"A park can't be taken over unfriendly or otherwise unless it's for sale! I don't think Cedar Point was ever a publicly traded amusement park. "
Cedar Fair's predecessor company was publicly traded (at that time OTC rather than the NYSE as it is now), taken private by Cedar Fair LP, which later sold stock to the public.
Any company which has publicly traded stock can be victim to an unfriendly takeover, as long as the company trying to take over has the money and time to buy a controlling share of stock.
Cedar Fair was started in 1986 after several hostile attempts to take over Cedar Point INC. which at the time owned Valley Fair.
The main reason Valley Fair was bought was because at Cedar Point was going to build another park in Michigan but the idea never went pass the planning stage. So Cedar Point INC. though instead of making a new park they would buy other parks.
wahoo skipper, Cedar Point was slated to be turned into housing in the early 1950s. It wasn't just the governor it was the public out cry that stop it. The only reason it didn't get turned into housing is because the company was bought out.
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Andrew Hyde
http://www.experiencethepoint.com
The main reason Valley Fair was bought was because at Cedar Point was going to build another park in Michigan but the idea never went pass the planning stage. So Cedar Point INC. though instead of making a new park they would buy other parks.
wahoo skipper, Cedar Point was slated to be turned into housing in the early 1950s. It wasn't just the governor it was the public out cry that stop it. The only reason it didn't get turned into housing is because the company was bought out.
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Andrew Hyde
http://www.experiencethepoint.com
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