Cedar Fair Sold?

Wednesday, December 16, 2009 5:14 PM

According to WSJ.

http://online.wsj.com/article/SB10001424052748704541004574600443362702668.html

Hopefully the put DK out to pasture.

Last edited by tambo, Wednesday, December 16, 2009 5:16 PM
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Wednesday, December 16, 2009 5:20 PM

Well, isn't *that* interesting.


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Wednesday, December 16, 2009 5:23 PM
Lord Gonchar's avatar

Quite.


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Wednesday, December 16, 2009 5:30 PM

I guess finally "Big Dick" Kinsel will retire. He's lost his edge.

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Wednesday, December 16, 2009 5:31 PM

I'm guessing this is true. The stock is up 30% in after hours trading.

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Wednesday, December 16, 2009 5:48 PM

I heard this as "breaking news" here in the Cleveland area. The buyer is Apollo Group (never heard of them). It is said an official announcement will be is 2-3 days.

Last edited by Bozman, Wednesday, December 16, 2009 5:51 PM
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Wednesday, December 16, 2009 5:58 PM

It's a private equity firm. According to Wikipedia (I know, I know, but it's convenient) they have investments in several cruise lines, AMC theaters, and Harrah's.

http://en.wikipedia.org/wiki/Apollo_Management


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Wednesday, December 16, 2009 6:11 PM
Lord Gonchar's avatar

It's ok. I think most of us ended up at the same place, Brian. :)


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Wednesday, December 16, 2009 6:13 PM
Jeff's avatar

Over here, to keep it associated with the news...

http://coasterbuzz.com/Forums/Thread/56824.aspx


Jeff - Webmaster/Editor - CoasterBuzz.com - My Blog - Twitter - Video

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