Cedar Fair’s last-minute change of heart

Adjournment versus postponement and possible reasons for delay.

Wednesday, 17 March 2010

The amusement park operator Cedar Fair announced on Monday night that it had postponed Tuesday morning’s meeting for unit holders to vote on the company’s acquisition by Apollo Management, saying it wanted to provide more time to solicit votes and proxies. For those unit holders who have already made the trip up to Sandusky, Ohio, for the meeting, they will have a relatively long wait. The meeting is postponed until April 8.

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