Q Investments said Thursday that it may call for another special meeting of Cedar Fair unitholders if a resolution to making paying cash distributions a higher priority fails to pass.
Cedar Fair's unitholders have voted overwhelmingly to appoint a new chairman of the board with no previous ties to the company, current chairman Dick Kinzel announced at today's special meeting of Cedar Fair unitholders.
Cedar Fair's board of directors says that two proposals from Q Investments will hurt the amusement park company's long-term prospects and disrupt the company's search for a replacement for CEO Dick Kinzel, who is retiring.