It will be interesting to see if the Apollo group has any conflicting entities that will go against the current properties.....they own so much, something has to be connected somehow......MGM/Mirage Corp bought the 5 Mandalay Resort properties here in Las Vegas for 1 reason only, and that was because they wanted the Mandalay Bay convention center....thats all.....but they had to buy the whole package....close to 8 billion......just because they wanted the convention center at one of the properties.....perhaps this deal with Apollo could be similar....time will tell when everything comes out....
They'll announce it the day after (if) the stockholders ok the "merger"
I also find it interesting (understandable, but interesting nonetheless) that the stock price is now up over $11/share. Greedy little vultures. With the stock price so close to $11.50/unit, I'm thinking of selling now before Dec 31st just so I won't have to worry about the tax implications in 2010. LOL.
Edit: Cedar Fair has always been Kinzel's baby. It actually makes sense to me that he'd want to sell it before leaving.
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