Zeitchik, Steven
May 2006
Daily Variety;5/23/2006, Vol. 291 Issue 37, p1
Trade Publication
The article reports on the sale made by CBS Corp. regarding its theme parks business in the U.S. According to the company, it will bag 1.24 billion dollars from Cedar Fair, an Ohio amusements firm, for the division. Controlling parks King's Dominion in Virginia and Great America in California, Unit generated about 420 million dollars in revenues in 2005. Thus, it gives CBS an impressive sales price, which lured Wall Streeters about the deal.


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