Cedar Fair LP has agreed to be acquired by asset manager Apollo Global Management for about $635 million in cash.
The acquisition capped a year in which the struggling economy led to the drop-off of more than a million visitors to the company's amusement and water parks and it saw a rival succumb to bankruptcy protection.
Twinkies maker Hostess files for bankruptcy
Hostess Brands, the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic...
Twinkies maker files for bankruptcy protection
Hostess Brands Inc., baker of such iconic American brands as Twinkies, Ding Dongs, Ho Ho's and Wonder Bread, has filed for bankruptcy protection, blaming rising labor costs.
New amusement park boss looks beyond big thrills
Stuck in a dreary staff meeting this summer, the new president of the nation's third-biggest amusement park chain decided to shake things up by taking everyone for a spin on one of the...
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