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.
Okay, I'm relatively new to CB so please allow me to ask a question not completely realated to this discussion...
Why do so many of you dislike Kinzel so much? Hasn't he done a lot of good for CP? Please explain.
He has done a lot of good for CF, but he has an ego that would Texas seem like Rhode Island.
It's not the person we have an issue with, it's his attitude and his questionable business choices.
Coaster Junkie from NH
I drive in & out of Boston, so I ride coasters to relax!
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
Jeff, I disagree with you on TTD. Granted, it's had it's issues, but it's a decent (although short) coaster.
Now if he just started treating his (non hand-picked) employees better...
Coaster Junkie from NH
I drive in & out of Boston, so I ride coasters to relax!
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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