BeeastFarmer Posted March 20 Share Posted March 20 According to the WSJ, Apollo Global Management is offering to buy Paramount for 11 billion. They were the entity that dick kinzel was trying to sell Cedar Fair to, correct? If the FUN/SIX merger goes through, I wonder if Apollo would come sniffing around? I think both companies are in a vulnerable spot, and the combination will eventually exacerbate this, so future FUN shareholders ( no longer unit holders post merger) may see value in cashing in if an offer is made Or not. Quote Link to comment Share on other sites More sharing options...
CoasterJack Posted March 20 Share Posted March 20 28 minutes ago, BeeastFarmer said: According to the WSJ, Apollo Global Management is offering to buy Paramount for 11 billion. They were the entity that dick kinzel was trying to sell Cedar Fair to, correct? If the FUN/SIX merger goes through, I wonder if Apollo would come sniffing around? I think both companies are in a vulnerable spot, and the combination will eventually exacerbate this, so future FUN shareholders ( no longer unit holders post merger) may see value in cashing in if an offer is made Or not. Not at the moment, but I could definitely see them making a move if we get another recession type market similar to 08', they could definitely come trying at Canada's Wonderland or KI, which I feel like have the most potential in terms of a Studios Park. But at this point, I feel like they would be better off building something from scratch if they're wanting it to align with the Paramount Brand. But if they were to purchase parks as a standalone division of their business, I could see anything being on the table Quote Link to comment Share on other sites More sharing options...
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