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April 7, 2010 | By Tom Petruno
Cedar Fair Entertainment Co., the amusement park owner whose properties include Knott's Berry Farm in Buena Park, on Tuesday called off its buyout deal with private equity firm Apollo Global Management after major shareholders objected. But Cedar Fair stock rose on speculation about other possible merger ideas. The Ohio company said it pulled out of the deal because the transaction lacked "the required level of investor support." The firm said it would take time to consider its "next steps."
December 18, 2009 | By Hugo Martín and Tom Petruno
The $2.4-billion buyout of Knott's Berry Farm's parent company by a private equity firm may be a sign of confidence in the future of theme parks, analysts said Thursday. Apollo Global Management agreed late Wednesday to acquire Cedar Fair, the Sandusky, Ohio, company that owns Knott's in Buena Park and 10 other amusement parks, seven water parks and five hotels in the U.S. and Canada. FOR THE RECORD: Knott's takeover: An article in Friday's Business section about Apollo Global Management's buyout of Knott's Berry Farm's parent, Cedar Fair, said the California Public Employees' Retirement System had paid $46 million in fees to Alfred Villalobos, a placement agent working for Apollo.
October 10, 2009 | Hugo Martin
The Halloween battle of the theme parks has begun. For decades, Knott's Berry Farm's Halloween Haunt has reigned supreme as Southern California's ultimate theme park for Halloween frights. The Buena Park amusement park started the after-hours tradition more than 30 years ago and is credited with inventing the Halloween mazes duplicated by theme parks nationwide. But this year, officials at Universal Studios Hollywood say they are extending that park's Halloween Horror Nights and relying heavily on its movie connections to knock Knott's from its monster perch.
September 19, 2009 | Tony Barboza
A Knott's Berry Farm roller coaster remains closed after a cable broke and injured two riders this week, park officials said Friday. When the Xcelerator roller coaster launched just before 4 p.m. Wednesday, a cable snapped loose and cut a 12-year-old boy in the leg, officials said. And a man was treated for back injuries after the malfunction, during which smoke and debris shot into the air and the ride's cars rolled back into the boarding area, said Meghan Gardner, a spokeswoman for Knott's Berry Farm.
September 11, 2009 | Christopher Smith
From the waist up, Don Knotts was perhaps the perfect assembly of male imperfections. His high forehead, perched above a worried, wrinkly brow, set off his trademark googly eyes, ever-ready to pop out in alarm at whatever misfortune came his way. Below the eyes, his recessed chin tapered into a longish neck that highlighted a bulgy Adam's apple that Knotts worked up and down in synchronized tandem with petrified double-takes or facial tremors....
September 10, 2009 | Susan King
A cinéaste who began his career as a reporter profiling such Hollywood icons as Howard Hawks, Orson Welles and Alfred Hitchcock, Peter Bogdanovich became a writer-director in his own right in the late 1960s. Bogdanovich will be discussing his craft this weekend at the American Cinematheque's tribute to the filmmaker at the Egyptian Theatre. Tonight, Bogdanovich presents the director's cuts of his 1971 triumph "The Last Picture Show," as well as his 1981 romantic comedy " They All Laughed" with Audrey Hepburn, John Ritter, Ben Gazzara and Dorothy Stratten -- the Playboy Playmate the filmmaker fell in love with who was subsequently murdered by her husband.
August 4, 2009 | Hugo Martin
Renee Glaze has a talent for being creepy. She puts on a shrill voice and bugs her eyes out, pretending to cuddle a baby in her arms. In this gloomy economy, Glaze, 47, is glad her talent can lead to a job, any job. That's why she joined nearly 300 other applicants Monday to audition for temporary work portraying monsters at Knott's Berry Farm's annual Halloween Haunt. Most of the jobs pay minimum wage and call on the characters to don costumes and makeup, scaring guests at the park.
July 10, 2007 | From Times Wire Services
Shares of Cedar Fair rose the most in 20 months after a report said the third-largest U.S. theme-park operator and owner of Knott's Berry Farm in Buena Park had hired Bear Stearns Cos. to seek a buyer that would keep the management team. Shares of Sandusky, Ohio-based Cedar Fair rose 96 cents, or 3.3%, to $29.80, their biggest jump since November 2005. The company, which has a $1.62 billion market value, may fetch $3.3 billion, or about 10 times its annual cash flow, the New York Post said.
September 9, 2006 | From Bloomberg News
Cedar Fair, the operator of Knott's Berry Farm in Buena Park and other amusement parks, cut its 2006 revenue forecast because attendance through Labor Day declined from last year. The Sandusky, Ohio-based company said it expected revenue of $815 million to $835 million for the year. Attendance at parks through Labor Day was 10.4 million, down from 10.5 million a year earlier. The average revenue estimate of analysts surveyed by Thomson Financial was $845 million.
June 12, 2006 | From the Associated Press
Two fans of "The Andy Griffith Show" who planned to erect a statue of Don Knotts have new orders from CBS: Nip it! Network attorneys and representatives of the actor's estate said this week that proper permission had not been granted for the project. Tom Hellebrand and Neal Shelton were trying to raise $35,000 to put a statue in Mount Airy -- model for the series' town of Mayberry -- as a tribute to Knotts, who portrayed the bumbling Barney Fife on the popular show. Knotts died Feb.
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