Leland Wykoff Posted December 14, 2011 Share Posted December 14, 2011 Cedar Fair will see it's largest unitholder reduce its position over the next couple of years. Q Investments plans to sell 3 million of its 10 million unit holdings, subject to certain conditions and market realities, according to filings with the SEC. For a fuller story please see: http://www.toledoblade.com/State/2011/12/14/Mutual-fund-to-sharply-cut-holdings-in-Cedar-Fair.html Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted December 14, 2011 Share Posted December 14, 2011 A. Already posted. B. You, of all people, will want to see the comment a poster made about the situation. See the last several posts at: http://www.KICentral.com/forums/index.php?showtopic=23087&pid=447577&st=330entry447577 Selling 30 percent of holdings that have so greatly appreciated and doing so over approximately a year hardly qualifies as a sharp reduction. Unless FUN drastically falls, Q will still have more money value invested in FUN than its total monetary investment. And, it will still own well over 10 percent of the company. Quote Link to comment Share on other sites More sharing options...
Leland Wykoff Posted December 14, 2011 Author Share Posted December 14, 2011 Sorry, did not realize the story was attached to the other thread. My bad. I do think a reduction of 30% holdings is significant. Perhaps not quite a sharp reduction, but that characterization was a reflection of the judgement of the Toledo Blade, as expressed in their headline. Yes, Q Investments will remain as a significant force at Cedar Fair. And thankfully so. Please see my comment on the other thread. Quote Link to comment Share on other sites More sharing options...
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