Cedar Fair retains Merrill Lynch to explore asset sale

Posted Friday, March 13, 2009 7:53 PM | Contributed by Jeff

Cedar Fair Entertainment Company today announced that it retained the services of Merrill Lynch & Co. to assist the company in exploring the sale of certain assets and other strategic alternatives.

Cedar Fair’s chairman, president and chief executive officer, Dick Kinzel, stated “We continue to be focused on our commitment to reducing debt. Exploring the sale of certain assets is a proactive step towards strengthening our financial position over the long term.”

Read the press release from Cedar Fair.

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