Future of Cedar Fair? Possibly an aquistion by an

I've heard a rumor about another amusement company purchasing the Cedar Fair chain, can anyone collaborate on this rumor? I think this is difficult to occur, because Cedar Fair owns 6 parks, and manages 2 others, their selling price could be big bucks...
I wouldn't expect this to happen, I also would really not want it to. The only companies I could see buying the chain are Premier, Paramount and Bush Gardens, but it would be a lot of money, and mean that the park names would change to Paramount's, Six Flags, or Bush Gardens eventually.
-------------
Matt Bly
http://www.geocities.com/sfohio
Jeff's avatar
I don't think it would be in their best interest. They're financially sound and making acquisitions themselves (White Water Canyon, Visionland in a few years).

-------------
Jeff
Webmaster/Admin - CoasterBuzz.com
I don't think it would be in their best interest either. I also wanted to say that Cedar Fair is "managing" visionland for 5 years, and they may be able to purchase the alabama park at the end of the contract. Cedar Fair also "manages" knott's camp snoopy at the mall of america.
HMMMMMMMMMMM? Six Flags Cedar Point? Paramounts Cedar point? Busch Gardens Sandusky? I dont know, what do you think?
which raises an interesting question, what do you think Cedar Point would look like ten years down the line if Premeire were to buy it?
Jeff's avatar
I don't think it matters because it's not going to happen. The executives and board of directors care too much about the park to hand it over to someone else.

-------------
Jeff
Webmaster/Admin - CoasterBuzz.com
Sorry to inform you but Cedar Fair has no plans to sell the company. Six Flags is about broke, so I don't think they would be a choice if they were. The word around the Point is that Cedar Fair is planning on buying another park in PA. No names or dates have been set and this is 100% rumor and there is no proof that makes it non-fiction.

-------------
Beverage19@alltel.net
First of all, I didn't think it was possible that Cedar Fair could sell to another company, up above I said, "I believe this is difficult to occur". I really dislike the SixFlags chain, but how can Premier be bankrupt if they're building so many rides? and adding so many parks to their arsenal? Michael Bererage, u said something about Cedar Fair purchasing a park in PA, but most of them are already owned eg Hershey, Kennywood(is it's own corp), there's not really anyother parks, except rinky-dinky parks such as Dutch Wonderland, or Bushkill Park, can you corroborate?
I think they will be bought bye premier soon.
People said the same thing about Six Flags Before they were bought bye Premier. Premier's goal is to be the biggest chain of amusement parks. They couldn't bye it this year though, with all the exspansions, but in a few years when they make up all the money they spent this year they may Purchase Cedar Fair
I think you do have mad cow disease
Jeff's avatar
Premier is in no position to buy a major chain, and will not be for many, many years to come. Not only that, but Cedar Fair still has individuals as its primary owners, and there is no way they would give up something that is as extremely profitable as their parks.

It just ain't gonna happen.

-------------
Jeff
Webmaster/Admin - CoasterBuzz.com
I can't think of any park chain out there that is in any type of position to buy Cedar Fair. As Jeff stated, the executives put their all into the Cedar Fair Parks, and they would not let any type of acquisition to happen unless it came with a VERY hefty offer.

Just another one of these rumors with no merit what-so-ever... If you don't have concrete sources, I wouldn't trust it. Additionally, there is no use ruffling feathers over ridiculous falicies...

-------------
Neil
By popular vote, the official start
of the Millennium has been moved to
May 13, 2000

Closed topic.

POP Forums - ©2024, POP World Media, LLC
Loading...