Monday, February 21, 2022

Jeff's Bear-y Tales painting is complete! Look for it at a Knott's Berry Farm near you!

Friday, February 18, 2022

New Jeff Delgado project for Knott's featuring the Bear-y Tales gang!

Wednesday, February 16, 2022

SeaWorld increased its offer to $63/share for Cedar Fair before it was rejected

"Our board, together with its external advisers, carefully evaluated the proposal and determined it was not in the best interest of the company and its unitholders," Zimmerman said on the call.

Read the rest at
 Seeking Alpha

Tuesday, February 1, 2022

SeaWorld Makes $3.4 Billion Takeover Bid for Cedar Fair

SeaWorld Entertainment Inc. has offered to buy amusement park owner Cedar Fair for around $3.4 billion, people with knowledge of the matter said.


SeaWorld made a bid of about $60 per unit in cash for Sandusky, Ohio-based Cedar Fair, according to the people, who asked not to be identified because the information is private. The companies are working with advisers on the proposal, the people said.

Deliberations are ongoing, and it’s unclear whether the approach will lead to a transaction, the people said.

Read the rest at Bloomberg

Knotts News: There was a time when this news would've excited me. When Geuaga Lake and Knott's Berry Farm needed saving from The Dick. While he was too late to rescue Geauga Lake, Matt Ouimet was still a godsend when he entered the picture in 2012, and worked that Disney magic on Knott's Berry Farm. Since then, Knott's has seemingly operated autonomously from the rest of Cedar Fair, prioritizing theme and annual events. I'd worry that SeaWorld would NOT grant them the same freedom that Cedar Fair has and would just implement the 'coasters everywhere' playbook that the Blackstone Group initiated after buying them (gone were highly themed attractions like Journey to Atlantis and Curse of DarKastle). That may line up well nicely with the rest of the Fair but it would be absolutely detrimental to Knott's. At this point, all we can do is wait and see what comes of this.