Cedar Fair turns down SeaWorld’s buyout offer

SeaWorld made a $3.4 billion bid for the Ohio-based theme park company

New SeaWorld sign installed outside theme park. Jan. 14, 2022 (McReynolds)

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.

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.


About the Author:

Emily joined the News 6 team in May 2020.