Four lawsuits filed against Cedar Fair over sale deal

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.

Saturday, December 26, 2009 1:52 AM

To use technical, jargon, the unitholders are being "Geauga-ed."

Saturday, December 26, 2009 4:30 PM

^Thanks, RGB! I needed a laugh.

Saturday, December 26, 2009 6:01 PM

For some reason, it has a better ring than being, say, "AstroWorld-ed"....

Saturday, December 26, 2009 11:46 PM

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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