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Cedar Fair, L.P. announced that it is mailing a letter to unitholders in connection with the previously announced acquisition by affiliates of Apollo Global Management, pursuant to which Cedar Fair unitholders will receive $11.50 in cash for each Cedar Fair limited partnership unit that they hold. The letter offers a number of bullet points explaining why they believe the deal is right, and also reminds unit holders that they need a 2/3 majority to pass the measure.
Read the entire letter from Cedar Fair.