Q Investments issues proxy statement seeking changes at Cedar Fair

Firm wants changes at Cedar Fair, including separation of Chairman and CEO roles.

Friday, 15 October 2010

Q Investments, a Texas firm holding approximately 18.1% of Cedar Fair's outstanding units, is asking the unitholders to express their desire to see changes at the company.

The firm believes that Chairman of the Board and CEO Dick Kinzel should not hold both positions. In the solicitation, Q Investments indicates that they wish to bring in an independent Chairman.

Q Investments also indicated their unhappiness with the recently announced reinstatement of Cedar Fair's quarterly distribution.

Read the complete proxy statement from the SEC