December 30, 1997 |
Ending an era of family ownership, Knott's Berry Farm was acquired Monday for $245 million by Cedar Fair, an Ohio-based amusement company that is expected to add more thrill rides at the nation's first theme park so it can better compete against larger rivals. The purchase price, about twice Knott's annual revenue, was a lower ratio than some other recent acquisitions in the industry, analysts said.
CALIFORNIA | LOCAL
November 9, 1997
In regard to your Oct. 22 article "Knotts Agree to Sell Park," I'd have to say it's quite nice to see that someone is going to make the effort to expand the park. Knott's Berry Farm is actually a small amusement park, especially when compared with its competition, such as Disneyland. The attractions that Knott's is composed of are exhilarating and fun, yet there just aren't enough of them. It's obvious to one who has been to other amusement parks that Knott's is nowhere near as busy.
July 7, 1993 |
Who said dinosaurs are extinct? Starting July 17, Knott's Berry Farm will be challenging young dinosaur lovers to go on daily expeditions to find the ubiquitous but sometimes elusive beasts. Children attending the amusement park during an upcoming promotion known as "Dinosaur Days," which will run daily until Labor Day, will be dubbed junior paleontologists and given the chance to go on a dinosaur safari.
June 30, 1993 |
Knott's Berry Farm is weighing into high risks and high calories with a line of premium ice creams. The theme park operator is expanding its successful food operations with a 14-flavor roster, including Blueberry Waffle Cone and Candy Bar Swirl. "They are very rich," said Knott's spokesman Bob Ochsner. The products have already arrived in some Southland stores, and Knott's is planning a new ice cream parlor at its Western theme park here.
January 22, 1988 |
Who could figure the theme behind Knott's Berry Farm--"America's oldest theme park." What do berries, Snoopy and the Old West have in common? But confusing motifs don't matter to the kids, who, as my 4-year-old will attest, think the park is just fine. And it shouldn't matter to inveterate shoppers, who will find the same thrills in the park's shops that the tots find on the rides.
March 3, 1999 |
An Orange County jury has awarded damages to a Los Angeles woman who blamed a faulty seat belt for injuries she received after falling from a ride at Knott's Berry Farm in June 1996. Camile Wagoner on Feb. 22 won $69,000 in damages to compensate her for medical treatment and mental and physical pain and suffering, according to her lawyer and a parks official.
September 26, 2000
The owner of Knott's Berry Farm said Monday it has increased its quarterly cash distribution on its limited partnership units to 39 cents per unit from 37.5 cents. Cedar Fair LP in Sandusky, Ohio, said in a news release the latest hike brings the total increases over the last 12 months to 11 cents a unit. It also puts the annualized rate at $1.56 a share, up from the $1.50 rate paid the last two quarters.
July 2, 1992
Starting Friday, Knott's Berry Farm becomes cheaper at dusk. The Old West theme park in Buena Park said Wednesday that it will offer a $12 admission price after 6 p.m. for adults. The regular price is $22.95. The children's price of $9.95 for ages 3 to 11 will remain the same. "We think the special price will be especially attractive to those who come to Knott's to enjoy our Summer Parade of Stars headliner concert series or this Saturday night for our July 4th fireworks," said James D.
March 4, 1992
Knott's Berry Farm announced lower admission prices for Southern California residents through March 31. The Buena Park theme park said its adult admission prices will drop to $16.95 from the regular $22.95 through the end of the month. Senior citizens will pay $9.95, down from $15.95. Children's ticket prices will remain unchanged at $9.95. Residents may buy up to six tickets that must be used by March 31.
December 19, 1996 |
Knott's "Merry" Farm is in full swing at the Buena Park theme park. It's the final weekend for the annual Christmas Crafts Festival ($3.50, park admission not required), in which the Ghost Town is dressed up as a Victorian Christmas village. The crafts festival is open daily through Christmas Eve. "Snoopy's Twelve Days of Christmas on Ice" continues as part of the Classic Christmas celebration through Jan. 1.