Cedar Fair denies talks of buyout

SANDUSKY Cedar Fair Entertainment Co. has entered into "quick-moving talks" with a Nevada-
Janet
May 24, 2010

SANDUSKY

Cedar Fair Entertainment Co. has entered into "quick-moving talks" with a Nevada-based investment firm about a $4.1 billion buyout, the New York Post reported Monday.

Citing an unidentified spokesman from Destiny Capital Solutions, the Post reports Cedar Fair has been in talks with the firm for the past two weeks and has agreed to keep Cedar Fair's chief executive officer and president Richard Kinzel and other top officials on board if a deal is made.

But Cedar Fair officials deny any negotiations with the investment firm.

"We are not currently in discussions with that organization or any other party for the sale of the company," said Kinzel in a press release Monday.

For more on this story, read Tuesday's Register.