No deal for SeaWorld, according to a statement put out by the company. On February 1, 2022, Cedar Fair announced in a press release that it had received an unsolicited non-binding proposal from SeaWorld Entertainment, Inc. The company announced that its board of directors would review and consider the proposal, but that was the only information publically given.
On February 15, SeaWorld released in a statement that a deal did not come to fruition. “In response to inquiries from various stakeholders, we confirm that our offer to acquire Cedar Fair was rejected. Unfortunately, we do not see a path to a transaction,” the press release read.
It looks like SeaWorld couldn’t seal the deal on this one.
What did you think of the potential takeover bid news? Be sure to get social with us on Facebook and follow along with us on Twitter @BehindThrills for the latest updates!
For our latest theme park videos please be sure to subscribe to us on YouTube!
