ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
The fallout earlier this week between Orlando-based SeaWorld Entertainment Inc. (NYSE: SEAS) and Ohio-based Cedar Fair LP (NYSE FUN) appears to have been to everyone’s benefit.
Read: Time to break the ice: SeaWorld debuts new roller coaster
On Feb. 15, SeaWorld said, via a statement, that its offer to buy Cedar Fair, reportedly for $3.4 billion, was “rejected ... we do not see a path to a transaction.” In addition, Cedar Fair said the deal was “not in the best interest of the company.”
However, it seems the executives with Cedar Fair and analysts that follow the amusement park operators are fine with the result.
Click here to read the full story on the Orlando Business Journal’s website.
Read: SeaWorld: ‘Our offer to acquire Cedar Fair was rejected’
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