Deals
SeaWorld Makes $3.4 Billion Takeover Bid for Cedar Fair
Riders fly by on the Millennium Force rollercoaster at Cedar Point Amusement Park in Sandusky, Ohio in 2003.
Photographer: J.D. Pooley/AP PhotoThis article is for subscribers only.
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.