myfootitches Posted July 30, 2007 Posted July 30, 2007 Just a little bit of news from a lurker... From Reuters
Wes Posted July 30, 2007 Posted July 30, 2007 It's since been denied by Cedar Fair. http://www.cedarfair.com/ir/press_releases/index.cfm “We have received numerous inquiries and questions regarding stories that have appeared in the press concerning a possible sale of the company,” said Dick Kinzel, Cedar Fair chairman, president and chief executive officer. “Although as a matter of policy we do not normally comment on market rumors, an article today reports a claim by an organization referred to as “Destiny Capital” that constructive negotiations with the company have been undertaken. We are not currently in discussions with that organization or any other party for the sale of the company. Of course, the board continuously challenges management to find the best strategic alternatives available to increase value to our unitholders, and I do receive inquiries from time to time about a particular park or group of parks, whether it is to sell or to even buy additional parks. Consistent with our policy, I do not intend to comment on any of these discussions on an ongoing basis.”
FlyingScooter Posted July 31, 2007 Posted July 31, 2007 http://www.themeparkreview.com/forum/viewtopic.php?t=37169&highlight=cedar+fair July 9th 2007 http://www.nypost.com/seven/07092007/business/ticket_to_ride_business_peter_lauria.htm Funny that Cedar Fair didn't say anything about it when the above came out.
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