Posted Wednesday, December 23, 2009 12:24 PM | Contributed by Jeff
Four lawsuits filed in Erie County Common Pleas Court on behalf of five Cedar Fair unitholders claim the deal is unfair. They allege the offer price of $11.50 per limited partnership unit undervalues the company's worth, depriving its unitholders of the profits they seek.
Read more from The Sandusky Register.
To use technical, jargon, the unitholders are being "Geauga-ed."
^Thanks, RGB! I needed a laugh.
For some reason, it has a better ring than being, say, "AstroWorld-ed"....
Well, to be truly geauga'd, the unitholders should reject the first offer as not being good enough, much as CF rejected the bid for the main parcel of GL property. :)Last edited by birdhombre, Saturday, December 26, 2009 11:48 PM
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