Posted | Contributed by Jeff
Cedar Fair let lapse a lease in a Charlotte business park it acquired as part of its June purchase of Paramount Parks Inc. Former Paramount Parks IT and payroll moved to Carowinds.
Read more from The Toledo Blade.
I hesitated even posting this, because there was never any question in the first place other than the one created by The Blade. What did they expect, that Cedar Fair would say, "Yeah, we're going to can most of those people and close the office?"
Of course, this was a well timed business move to release this information while everyone is distracted by Maverick.
For some reason, the Blade has run numerous editorials criticizing Cedar Fair / Cedar Point for their business practices, especially admission price increases. I find it ironic and quite amusing that the Blade - which is now trying to force extreme wage concessions on its unionized workers through a lockout - would criticize how a profitable business operates when by the Blade's own admission it is hemorrhaging money.
*** This post was edited by HAMMER 9/7/2006 11:21:41 AM ***
Actually, it was the Sandusky Register that started the speculation. My bad.