Cedar Fair Seeks Buyer?

Last year’s visitor numbers make the Cedar Fair Group the fourth largest operator of Theme- and Waterparks in the world. It was only in June 2006 that Cedar Fair bought Paramount Parks for around 1.2 billion USD (as reported in EAP). The New York Post reports that just one year later, Cedar Fair Entertainment Company is now on the lookout for a private equity company with the intention of selling. Financial analysts have identified Blackstone and Disney as potential buyers. The park’s current management team would retain control of the park in the event of a sale. Cedar Fair has neither confirmed nor denied reports. (eap)