Unit holders reject Q proposal for Cedar Fair board nomination process changes

Posted | Contributed by Jeff

Proposals to allow shareholders nominate board members of Cedar Fair LP were not approved Thursday during a special meeting of shareholders held at Bowling Green State University's Firelands Campus. At the 15-minute meeting, company Chief Executive Dick Kinzel said that the first of two proposals to change company rules to let shareholders nominate board candidates did not receive the 80 percent approval threshold needed to pass.

Read more from The Toledo Blade.

Fun's avatar

So am I correct in assuming that it would require an 80% yes vote to change the 80% yes vote requirement for changes to the partnership agreement?

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