Cedar Fair, whose theme parks include Cedar Point in Ohio, Knott’s Berry Farm in California and Schlitterbahn in Texas, said SeaWorld has proposed a deal that would combine two theme park operators
Cedar Fair LP said SeaWorld Entertainment Inc. has proposed a deal that would combine two theme park operators as the entertainment industry plots its future amid Covid-19 uncertainty.
Cedar Fair, whose parks include Cedar Point in Ohio, Knott’s Berry Farm in California and Schlitterbahn in Texas, confirmed Tuesday that it received an unsolicited nonbinding proposal from SeaWorld. Bloomberg, citing people with knowledge of the matter, earlier reported that SeaWorld Entertainment offered to buy Cedar Fair for about $3.4 billion, or about $60 a share.
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