Cedar Fair, L.P. have announced that they will acquire the stock of Paramount Parks, Inc., a wholly owned subsidiary of CBS Corporation for a cash purchase price of $1.24 billion.
Cedar Fair, L.P. already own and operate Cedar Point, Knott's Berry Farm, Dorney Park, Worlds of Fun, and Valleyfair! They will soon aquire Paramount Canada's Wonderland, Paramount's Kings Dominion, Paramount's Kings Island, Paramount's Carowinds, and Paramount's Great America.
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