Cedar Fair LP News

Cedar Fair LP finds itself surrounded by attorneys smelling blood in the water over its sale to private-equity firm Apollo Global Management LLC.

Submitted by sfiecke on December 23, 2009 - 3:46pm. >> Read similar stories filed under: General News According to the Business Courier of Cincinnati, four lawsuits could stall the sale of Cedar Fair, the parent company of Valleyfair Amusement Park.

The horses that were once part of a carousel at the former Geauga Lake amusement park are expected to be refurbished and sold to another Cedar Fair park, according to Robin Innes, director of public relations for Cedar Fair LP.

The $2.4-billion buyout of Knott's Berry Farm's parent company by a private equity firm may be a sign of confidence in the future of theme parks, analysts said Thursday.

A list of Cedar Fair's amusement parks in the United States and Canada: *Kings Island near Cincinnati *Canada's Wonderland near Toronto *Kings Dominion near Richmond, Va.

Disney is raising the bar before it lowers the bar at its Rock 'n' Roller Coaster in Florida.

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Cedar Fair LP, owner of Carowinds and other amusement parks, has agreed to be acquired by asset manager Apollo Global Management for about $635 million in cash.

Buyouts are finally returning for the deal-hungry private equity industry, which is looking at 2010 to deploy huge cash reserves into deals that buyers hope could get back up to double-digit billions.

Amusement parks company Cedar Fair announced it agreed to be acquired by an affiliate of Apollo Global Management, for 11 dollars and 50 cents per share in cash, in a deal valued at 2.4 billion dollars.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Cedar Fair LP relating to the proposed acquisition by Apollo Management, a private equity firm .

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 11 a.m. in New York.

SANDUSKY -- It's out with the old and in with the new at Cedar Point this off-season. Since 1983, park guests have enjoyed the Demon Drop ride near the front entrance, but the ride has been dismantled and is on its way to Dorney Park and Wildwater Kingdom in Allentown, Pa.

Indianapolis -- Nearly 200 workers at an Eastside Indianapolis parts plant will lose their jobs in late January as their business shifts to another plant in Indiana.

Among the sawdust, tools and shelves of fishing tackle in former Ward 1 City Council candidate Fred Rote's workshop/shed are pieces of Geauga Lake, Sea World and Six Flags history.

Every one in a while on Financial Tides we see a stock that is hitting new highs like crazy for no apparent reason.

If you've ever watched the show The Biggest Loser, then you've seen folks make miraculous lifestyle changes to improve their health.

SANTA CLARA, Calif. - The Ohio owners of a theme park adjacent to a proposed stadium for the 49ers in Santa Clara, Calif., are suing the city, saying an agreement with the team is illegal.

Plans for a new 49er stadium in the South Bay ran into a roadblock Tuesday as the company that owns the amusement park adjacent to the proposed stadium site filed a lawsuit opposing the project.

Its parent company saw attendance and in-park spending drop this year, and it has a new $10.5 million ride that debuts next spring that has yet to be paid for in full.