Posted
The Wall Street Journal is reporting that Apollo Management LP is expected to acquire Cedar Fair for about $700 million, with an announcement due in a few days.
Read more from The Sandusky Register.
I have an issue with the person as well. He lives up to his name (and given mine, I've earned the right to say that ;)). But yeah, he's made more ridiculous mistakes that were ego-driven than I care to count. The biggest one (in terms of height) was Dragster. Financially, it's a toss up between buying Geauga Lake and over-paying for Paramount Parks.
Jeff - Editor - CoasterBuzz.com - My Blog
I'm not debating over the quality of the ride, I'm talking about the cost to maintain it, the somewhat more narrow target audience and the PR mess it caused by not running half of the first year (not to mention subsequent years).
Jeff - Editor - CoasterBuzz.com - My Blog
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