ORLANDO, Fla. – SeaWorld officials said Cedar Fair has turned down its buyout offer.
SeaWorld made a $3.4 billion bid for the Ohio-based theme park company.
Recommended Videos
Cedar Fair is the parent company for more than a dozen theme parks across the United States. Cedar Fair runs Knott’s Berry Farm and Cedar Pont.
[TRENDING: VIDEO: Drunken woman on motorized suitcase leads police chase through Orlando airport, officials say | Kevin Hart is coming to Orlando| Become a News 6 Insider (it’s free!)]
“We confirm that our offer to acquire Cedar Fair was rejected. Unfortunately, we do not see a path to a transaction,” SeaWorld said in a statement.
It’s not the first time Cedar Fair has received an offer in the last few years. Reuters reported in 2019 that the company rejected an offer from Six Flags.