Press Release: Cedar Fair, L.P.
May 8, 2001
SANDUSKY, OH -- Cedar Fair, L.P. (NYSE: FUN), a publicly traded partnership which owns and operates five amusement
parks and four water parks, yesterday announced that it has reached agreement in principle for the acquisition
of Michigan's Adventure Amusement Park, located near Muskegon, Michigan. The acquisition will be made with Cedar
Fair limited partnership units, and is subject to a number of conditions and conclusion of a definitive agreement.
Further details were not disclosed.
Michigan's Adventure is a traditional, family-oriented amusement park offering a variety of rides and attractions,
including a world-class wooden roller coaster, Shivering Timbers, a number of food and merchandise outlets, and
a water area, called Wild Water Adventure, which features more than twenty water-related attractions. The park
entertains more than 400,000 guests per year, principally from central and western Michigan and eastern Indiana.
Cedar Fair's five amusement parks are Cedar Point, located on Lake Erie between Cleveland and Toledo; Knott's Berry
Farm near Los Angeles in Buena Park, California; Dorney Park & Wildwater Kingdom near Allentown, Pennsylvania;
Valleyfair near Minneapolis/St. Paul; and Worlds of Fun, located in Kansas City, Missouri. The Partnership's water
parks are located in Chula Vista, California, near San Diego, and adjacent to Cedar Point, Knott's Berry Farm and
Worlds of Fun. Cedar Fair also operates Knott's Camp Snoopy at the Mall of America in Bloomington, Minnesota under
a management contract.
SOURCE: Cedar Fair, L.P.