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Leland Wykoff

Cedar Fair Fails To Exercise Option on Kansas City Schlitterbahn

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Likely for the better.  The park hadn't operated in a year, and would have to rebuild its reputation from the depths of hell.  

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Besides the marketing troubles, it would have been odd to have a second water park in the same market as one of their parks (which already has a water park).

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The value of the assets and land, minus the reputational cost of being associated with that property, apparently isn't worth $6M. That price never suggested a business that would be a going concern.

Surprisingly, the local auditor still appraises the property at over $25M as of this year.

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