Debt load forced Cedar Fair's hand for sale

Posted Monday, January 25, 2010 11:46 AM | Contributed by Jeff

Cedar Fair's CEO, president and chairman Dick Kinzel has defended the Paramount acquisition, pointing out there was no way Cedar Fair executives knew the economy would turn bad -- cutting Cedar Fair's revenues -- and that credit markets would decline, making it harder for the company to deal with its debt load.

Read more from The Sandusky Register.

Comments: 47

Loading...