Posted
The deal in which Cedar Fair, L.P. agreed to buy Six Flags Worlds of Adventure was a surprise to all but a very few people when it was announced Wednesday. The deal was developed over several months in secret talks designed to minimize any effect on the stock values of either publicly traded company.
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CP isn't the gem it appears to be, and when they announce that season passes are going up to $99, no one will go to Geauga Lake anymore.
Yes, I'm bitter about the loss of the most beautiful part of the park, and EVERYONE I have spoken to exhibits the same feelings!
Cedar Point has finally done something wrong, and in a HUGE way.
I don't know if i can trust them now!*** This post was edited by midwave 3/12/2004 12:10:41 PM ***
Yes, you do sound bitter, midwave. It would seem to me that you are in the minority. The SFWoA wildlife side wasn't on the same level as Sea World. I have no doubt you enjoyed the animals. But a business doesn't make a decision like this based on what a few loyal people think.
The wildlife side was not popular. There's a reason Sea World sold it and a reason why attendance was lacking.
*** This post was edited by Gemini 3/12/2004 12:36:11 PM ***
I agree completely that the Sea World side was the prettier of the two parks but the rest of your post is lost on me midwave.
This (SFWoA/CF:GL) wasn't the deal that hurt SF, I don't see where *leaking* news of this particular deal would've had too great of an impact either way. Even the markets' initial reaction with the quick JUMP in share prices of FUN and PKS were moderated in fairly short order, with the "adjustments" made later on Weds. and early Thursday.
If the European park *blunder* had been made public earlier, THEN I'd have considered ditching my few shares of SFI before that was finalized....SFWoA was a wash at best, the European deal, however, I think SFI got taken...."wanna buy some amusement parks CHEAP?"...;)
*** This post was edited by rollergator 3/12/2004 2:50:51 PM ***
A) Yes, the animal side was a unique addition in the market. But, if it hurts your feelings this bad. The Cleveland Zoo is right up the road and just as photogenic. Toledo's and Pittsburgh's aren't that bad either.....heck, I just think we have a little Shamu-envy goin' on.
B) The EVERYONE that you spoke of may be in agreement with your feelings, but people with much more money than you and I combined have decided that they weren't making enough from a 5 month attraction. I was upset when the Indians couldn't keep Jim Thome, but did I stop going to the Jake? If you don't like the music, then change the station (ie. Don't go to GL if you interested in zoology.)
C) And most importantly, is Dorney Park owned by Cedar Point, too?
D) I have yet to comment on this topic, but after the sheer surprise on Wednesday, I think the move is the best for both companies. CF can expand because it's kicking major asparagus, while SF needs to regroup, cut its loses and try new ideas. By selling this park and hopefully others in Europe, they can rebuild the decomposing foundation.
Now, for dessert.
You said no one would go to GL if/when the season pass price increases to $99 (What is it now?). First of all, not all the visitors are season pass holders, so these people wouldn't care what the season pass prices were. Besides, I think big fans of the park would be more than willing to shell out extra bucks.
Another problem with Midwave's post is that I don't think that any of the animals that are being moved are even 33 years old. So, no, none of the animals that have been there for 33 years will be killed.
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