The Interpreter Posted August 1, 2011 Share Posted August 1, 2011 http://www.heraldonline.com/2011/08/01/3262532/cedar-fair-buys-61-acres-for-carowinds.html http://m.prnewswire.com/news-releases/cedar-fair-acquires-61-acres-of-land-adjacent-to-carowinds-to-facilitate-expansion-126530548.html Quote Link to comment Share on other sites More sharing options...
vortexfan Posted August 1, 2011 Share Posted August 1, 2011 So CF buys land adjacent to Carowinds, but only a few years prior sells the land next to Canada's Wonderland to help with "debt reduction". I don't get it. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 1, 2011 Author Share Posted August 1, 2011 Pressure from lenders was MUCH greater then. And the Canadian land sold commanded a very high price. Carowinds was in desperate need for more land, as was Dorney, where FUN also acquired more land recently. Quote Link to comment Share on other sites More sharing options...
Avatar Posted August 1, 2011 Share Posted August 1, 2011 I guess we all can rest easy now that Ouimet is in charge. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 1, 2011 Author Share Posted August 1, 2011 Yep, since he's come aboard, fun in the parks seems to be taking the Fast Lane. Quote Link to comment Share on other sites More sharing options...
Leland Wykoff Posted August 2, 2011 Share Posted August 2, 2011 Look who was charged with making the announcement: the new President and CEO (in waiting) Matt Ouimet. Kinzel's absence from recent announcements and pronouncements should be noted. The silence from the current CEO's office is deafening. Sounds like a muzzle is in place. Quote Link to comment Share on other sites More sharing options...
kingsrattler Posted August 3, 2011 Share Posted August 3, 2011 Anyone want to speculate what is going to be done with said acreage? Quote Link to comment Share on other sites More sharing options...
Avatar Posted August 3, 2011 Share Posted August 3, 2011 I do not like to speculate on these kind of things but I bet we will sleep better when it is announced at some point Quote Link to comment Share on other sites More sharing options...
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