Cedar Fair said Tuesday that it is reviewing an unsolicited proposal it received from SeaWorld Entertainment to buy out the company.
Bloomberg, which first reported the news, said the offer is worth $3.4 billion. The news sent shares of the theme park owner up 10% before trading was halted. When trading resumed, Cedar Fair’s stock rose more than…….[read more]
What does SeaWorld gain in a takeover of Cedar Fair? How will this takeover impact SeaWorld’s other properties?
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One thought on “Cedar Fair says it’s reviewing a takeover offer from SeaWorld that’s reportedly worth $3.4 billion — CNBC”
If sea world took over they could implement some changes that actually could be cooler rides which they could charge more for as well and seeing how everyone if not most people love going to the fair id say this be a huge gain for them especially if they could make back that money easily with the buying out of Bloomberg.