Mutual fund to sharply cut holdings in Cedar Fair
Q Investments plans sale of 30% of shares
Wednesday, 14 December 2011
The Texas mutual fund that currently is the largest shareholder of Cedar Fair LP stock has announced that it intends to sharply decrease its holdings in the Sandusky amusement park company.
Q Investments said in a regulatory filing that it would sell 3 million of its 10 million Cedar Fair shares over the next year, "depending on market conditions."
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