Q Investments to Sharply Reduce Cedar Fair Position

[Leland Wykoff]

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

[The Interpreter]

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.

[Leland Wykoff]

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.