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A mystery has arisen around the $2.4 billion acquisition of the amusement park operator Cedar Fair by Apollo Management. It began on Jan. 19 when affiliates of the hedge fund firm Q Investments filed a Schedule 13G with the Securities and Exchange Commission reporting a 9.8 percent ownership stake in Cedar Fair. It filed several amendments after that indicating ownership as high as 12%. But what is their play?
Read more from The New York Times.