NEW YORK (Reuters) – Apollo Management’s $635 million takeover of theme park operator Cedar Fair (FUN.N) has collapsed due to lack of investor support, costing the company $6.5 million in fees, Cedar Fair said on Tuesday. The $11.50-a-share offer, made in December, was notable for being one of the few leveraged buyouts of last year [...]

NEW YORK (Reuters) – One of the largest shareholders of theme park operator Cedar Fair (FUN.N) plans to vote against the $2.4 billion takeover by private equity firm Apollo Management, saying the price is too low. The deal to buy the Ohio-based amusement and water park firm was notable for being one of the few [...]

WILMINGTON, Del. (Reuters) – A shareholder sued the management of Cedar Fair LP (FUN.N), a theme park operator, for agreeing to sell the company too cheaply to Apollo Management and asked a judge to block the deal, according to court documents. The private equity firm agreed last month to buy Cedar Fair for a total [...]

NEW YORK (Reuters) – Private equity firm Apollo Management on Wednesday said it has agreed to buy Ohio theme-park company Cedar Fair (FUN.N) for $635 million. The total transaction is valued at $2.4 billion including the refinancing of the company’s outstanding debt. Shareholders of the Sandusky, Ohio-based company would receive $11.50 in cash for each [...]

Apollo Management is nearing a deal to acquire Sandusky, Ohio-based theme park operator Cedar Fair Entertainment (NYSE: FUN), according to the Wall Street Journal. The deal would be valued at approximately $2.3 billion, including the assumption of around $1.6 billion in debt. Cedar Fair owns 11 North American theme parks, including Knott’s Berry Farm in [...]