Cedar Fair seeking buyers

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Cedar Fair seeking buyers

Post by DantheMan » 24 Jul 2007, 12:08

By JANET NGUYEN | Monday July 09 2007, 2:59pm Sandusky Register

Cedar Fair Entertainment Co. is reaching out to private equity firms that may be interested in a buyout, according to a report by The New York Post Monday.

Citing two unidentified sources, The Post reported that Cedar Fair has hired New York-based Bear Sterns Co. Inc. to conduct a "small, highly targeted auction" for the company. A handful of potential buyers have been contacted, but interest among the buyer pool has been tepid.

"We have a policy not to comment on rumors or speculation," said Stacy Frole, director of investor relations for Cedar Fair.


Post by phunky » 30 Jul 2007, 21:44

Shouldnt' this topic be removed, since it's not true?

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Post by darque » 30 Jul 2007, 22:30

Actually...this bit may have something to it.

I believe (off the top of my head), Cedar Fair is looking for a partner as they may have bitten off more then they can chew with the Paramount Parks..

Who knows. This "rumor" is not to be confused with Wonderland buying property.
Something Wicked This Way Comes....