Highlights from Cedar Fair, L.P. conference call

Wednesday, 10 March 2004

Highlights from Cedar Fair, L.P.'s conference call regarding the company's acquisition of Six Flags Worlds of Adventure.

  • Cedar Fair intends to operate Geauga Lake as a traditional family amusement park and not a theme park.
  • A number of attractions will be re-named and re-themed. Trademarks for Looney Tunes, Warner Brothers, and DC Comics are not being acquired.
  • Geauga Lake's Vice President and General Manager will be Bill Spehn. Spehn is currently the Vice President of Park Operations at Cedar Point.
  • Guests who have bought Six Flags Worlds of Adventure season passes will be able to receive a refund on their 2004 pass purchase or obtain a Geauga Lake season pass. Companies and organizations who have scheduled outings will be able cancel those events if they wish.
  • Cedar Fair season passes will not be valid at Geauga Lake in 2004.
  • Geauga Lake's web site will be www.geaugalake.com. The site will be active after the acquisition and have the latest news and updates.
  • It is not known at this time how the current "Wildlife" side (former Sea World park) will be developed. Cedar Fair hopes to operate the rides that are on that side in 2004. They have not made a decision at this time on the remainder of that area.
  • No decision has been made if the Peanuts characters will be introduced at Geauga Lake.
  • No firm decision has been made on the current Six Flags Inn, though it will probably remain a seasonal operation.
  • Cedar Fair feels they can put some money into the campground and get a high return on investment.
  • Capital improvements at Cedar Point will not be affected by the acquisition of Six Flags Worlds of Adventure.
  • No decision has been made on replacing Bill Spehn as Vice President of Park Operations at Cedar Point.

The conference call will be made available for replay until March 24 at http://viavid.net/detailpage.aspx?sid=00001A85.