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Herschend To Acquire Palace Entertainment


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Kennywood and Dollywood under the same ownership... something about that feels a bit odd to me.

Kenny Rogers often did duets with Dolly Parton, and people often mistakenly associate Kennywood with him.

Kennywood (and their Jack Rabbit coaster) have been around well before Kenny Rogers was even born.

Also, I dug up an article about Kenny Rogers suiting up with the Steelers in 1980 for the "Kenny Rogers' America" special on CBS.  So putting something Kenny Rogers related in Kennywood isn't completely out of the question (though it would add to the confusion).

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This is a good thing for those parks—Herschend is a quality operator (their quality and approach reminds me of the old Busch Entertainment Corp back in the day :))

I thought maybe SeaWorld (aka United Parks) would pick up those parks considering John Reilly is at Parques Reunidos and his history with SeaWorld. (Although, that history may have made it *less* likely that he wanted to strike a deal with them :D)

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On 3/18/2025 at 7:00 PM, BeeastFarmer said:

Wow that's some news.  Hopefully it's not biting off more than they can chew. 

thats my concern a little bit, but TODAYS Herschend is way different than the HFE of only 10 years ago. 

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3 hours ago, brenthodge said:

thats my concern a little bit, but TODAYS Herschend is way different than the HFE of only 10 years ago. 

Can you expound on this a bit?  

HFE would be the perfect operator of the aquarium, water park etc. But I don't know about the roller rinks or whatever else it is that palace owns.

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2 hours ago, jzarley said:

^ yeah, I was wondering about the non-park holdings as well. I wonder if Herschend will hold on to the park side of the business but sell-off the FECs and other non-park assets?

I could see that to service some of the debt that I’m sure they are taking on. 

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4 hours ago, jzarley said:

^ yeah, I was wondering about the non-park holdings as well. I wonder if Herschend will hold on to the park side of the business but sell-off the FECs and other non-park assets?

What is an FEC never heard that term before.

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