Palace Entertainment sold for $200 million

Posted Tuesday, February 28, 2006 9:07 AM | Contributed by coasterguts

Palace Entertainment will be sold for $200 million to a New York and London-based private investment firm, MidOcean Partners. The company operates a number of FEC's and water parks including Boomers and Wet 'N Wild.

Read more from Amusement Business.

Tuesday, February 28, 2006 9:36 AM
Let's hope everything goes well for Castle Park as I know they were a bit nervous about this sale.
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Tuesday, February 28, 2006 1:43 PM
I am pretty sure they operate splish splash on long island too.

Its profitable water park that is always packed. They are always clsoing the gates because they are filled to capacity.

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Tuesday, February 28, 2006 2:57 PM
Yeah, they've got Splish Splash
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Tuesday, February 28, 2006 6:18 PM
I'll wager that Castle Park will be sold, as it's beyound the scope of the rest of Palace's operations. Bud Hurlbut had a bad case of sellers remorse after he sold out to Palace. Who knows, maybe he'll buy it back?
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Thursday, March 2, 2006 10:03 AM
Whoever buys it, let's hope he or she likes wood. ;)
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Thursday, March 2, 2006 7:17 PM
I'd just like to see (and hear) the band organs playing again
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