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Cedar Fair limited partners pass three proposals at annual meeting
Limited partners re-elect Darrel D. Anderson and David L. Paradeau to Board of Directors of Cedar Fair Management, Inc., approve adoption of 2008 Omnibus Incentive Plan.
Cedar Fair Press Release
SANDUSKY, OHIO,
May 16, 2008 -- Cedar Fair (NYSE: FUN), a leader in regional amusement
parks, water parks and active entertainment, reports that on May 15,
2008, its limited partners re-elected Darrel D. Anderson and David L.
Paradeau to the Board of Directors of its general partner, Cedar Fair
Management, Inc., to terms expiring in 2011.
The
limited partners also approved the adoption of the 2008 Omnibus
Incentive Plan, which supersedes and replaces several existing
incentive compensation plans, and confirmed the appointment of Deloitte
& Touche LLP as the Company’s independent registered public
accounting firm.
Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio,
and one of the largest regional amusement-resort operators in the
world. The Company owns and operates 11 amusement parks, six outdoor
water parks, one indoor water park and five hotels. Amusement parks in
the company’s northern region include two in Ohio: Cedar Point,
consistently voted “Best Amusement Park in the World” in Amusement Today
polls, and Kings Island; as well as Canada’s Wonderland, near Toronto;
Dorney Park, PA; Valleyfair, MN; and Michigan’s Adventure, MI. In the southern region are Kings Dominion, VA; Carowinds, NC; and Worlds of Fun, MO. Western parks in California include: Knott’s Berry Farm; Great America; and Gilroy Gardens, which is managed under contract. Also included in that region is Star Trek: The Experience, a Las Vegas-based interactive adventure.