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Viacom Looking for buyers for Paramount Parks?

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First of all, Cedar Fair doesn`t name their parks after the company like Six Flags or Paramount, or Busch or Disney. In fact they are one of the big amusement park operators that don`t. Look at Geauga Lake, when Cedar Fair bought it from Six Flags last year they renamed it from Six Flags Worlds of Adventure back to the traditional Geauga Lake. IF Cedar Fair were to buy Paramount Parks (which I doubt will happen) they would simply drop the Paramount moniker from all the parks` names.

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  • Captain Picard
    Captain Picard

    It wouldn't be surprising to me, but don't worry nobody wants to buy theme parks. The people with the money to do it know there is better ways to make money. Cedar Fair is different, that is all t

  • The-Snapper
    The-Snapper

    See I told you all so Cedar Fair is going to Buy PKI!!!!!! LOL

  • AZ Kinda Guy
    AZ Kinda Guy

    No I'm not going to get over it. It's hard too when every year it seems like we get perks taken away from us. Any grizzeled vet can vouch for me.

I just wish whatever was going to happened would do so quickly.

While I would like to see it happen quickly, it could take years to hammer out a deal with interested prospects.

  • 1 year later...
First of all, Cedar Fair doesn`t name their parks after the company like Six Flags or Paramount, or Busch or Disney. In fact they are one of the big amusement park operators that don`t. Look at Geauga Lake, when Cedar Fair bought it from Six Flags last year they renamed it from Six Flags Worlds of Adventure back to the traditional Geauga Lake. IF Cedar Fair were to buy Paramount Parks (which I doubt will happen) they would simply drop the Paramount moniker from all the parks` names.

Something tells me that very soon we are going to find out the first part of CoasterRZ's post is perzactly right.

The second part? Virtually none of us thought Cedar Fair would buy all the Paramount Parks. Or pay as much as they did for them.

First of all, Cedar Fair doesn`t name their parks after the company like Six Flags or Paramount, or Busch or Disney.  In fact they are one of the big amusement park operators that don`t.  Look at Geauga Lake, when Cedar Fair bought it from Six Flags last year they renamed it from Six Flags Worlds of Adventure back to the traditional Geauga Lake.  IF Cedar Fair were to buy Paramount Parks (which I doubt will happen) they would simply drop the Paramount moniker from all the parks` names.

Something tells me that very soon we are going to find out the first part of CoasterRZ's post is perzactly right.

The second part? Virtually none of us thought Cedar Fair would buy all the Paramount Parks. Or pay as much as they did for them.

Well...at least we were in good company biggrin.gif Dennis Spiegel and pretty much every other industry expert thought the same thing.

Whoever would have thought Dick Kinzel would take on that much debt? Oh well, much better Cedar Fair than Morgan Stanley (or some one similar) smile.gif

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