Posted Tuesday, September 26, 2000 7:19 AM | Contributed by Skyboss
Cedar Fair, LP announced yesterday that its quarterly distribution (money paid to unit holders) is up 8% over last year, despite falling short of attendance and revenue goals.
CEO Dick Kinzel also officially announced the appointment of Dan Keller as vice-president and general manager of Cedar Point, following the retirement of Don Miears effective at the end of the year. Keller is currently a manager at sister park Worlds of Fun.
Read the press release on the Cedar Fair corporate site.
Tuesday, September 26, 2000 1:27 PM
YEAH! YEAH! YEAH!
Let's go light a bizillion bottle rockets off in front of WOF! Oh happy day!
Good Luck Phil, we hope you can bring back WOF to it's glory days!
Wednesday, September 27, 2000 4:05 AM
There is no evidence to support your headline. It is misleading. The article only states that distributions are up, not profits.
Wednesday, September 27, 2000 5:09 AM
Well if you aren't making more money how are you going to pay more to the unit holders? Distribution isn't based on gross revenue.
Webmaster/Admin - CoasterBuzz.com
Wednesday, September 27, 2000 8:03 PM
What saved CF:LP this year was Knott's. The weather this season put a damper on the other parks take.
Thursday, September 28, 2000 5:25 AM
that and the fact that Dorney and WOF didn't add much of anything. Wow a mouse and a boomerang.
how original. :(
Maybe in 02...for WOF