Orlando-based Seaworld Wants to Purchase Carowinds

 SeaWorld Entertainment Inc. has just offered the owner of Carowinds $3.4 billion to buy out all of their theme parks. According to a statement given to Bloomberg News, Cedar Fair has received and is currently reviewing the proposal from SeaWorld. The offer amounts to a price of $60 per share for Cedar Fair (NYSE: FUN), which currently owns and manages 17 theme parks and water parks and 11 resorts and hotels around the country, including Carowinds, Kings Dominion, and Dorney Park.

Author: Mike Jackson