Posted Saturday, March 15, 2008 1:34 PM | Contributed by Lord Gonchar
The sale of Kennywood Park is proving not to be as smooth a ride as management had bargained for. The deal to sell the storied amusement park and four sister venues to Parques Reunidos of Spain awaits approval from the Kennywood founders' dozens of heirs. But many, including an owner who sits on the board of directors, are not ready to punch that ticket.
Read more from The Tribune-Review.
Let's say the taxes were 90%, which would leave $263,157.89. I'd still be happy with that.
The rumor is that they have still not persuaded enough of the owners to sell.
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