Cedar Fair continues pursuing Apollo deal after go-shop period ends

Posted | Contributed by Jeff

Cedar Fair LP said Tuesday that it is proceeding with its proposed $635 million acquisition by asset manager Apollo Global Management. An SEC filing said that it reached out to 32 other potentially interested parties during the 40-day period in which it was allowed to try to find alternative bids. In that time Cedar Fair said six of the parties wanted confidential company information in order to evaluate a possible deal but none of them wound up making an offer.