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Cedar Fair could divvy out $1 per unit

Tom Jackson • Feb 25, 2011 at 11:25 AM

Cedar Fair has cut a new deal with its lenders, allowing it to lower interest costs and increase its cash distributions to its investors.

The company said it expects to save $18 million a year under the new agreement, and hopes to be able to make cash distributions to investors this year that will total $1 per unit, assuming that the upcoming summer season goes well.

Check out the link for the announcement by clicking HERE.

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