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Kansas City, Kansas' Schlitterbahn Waterpark May Have Found Its Next Owner

Kansas City Business Journal
A new definitive agreement could make Cedar Fair Entertainment Co. the next owner of Schlitterbahn's park in Kansas City, Kansas.

Schlitterbahn’s days in Kansas City could be numbered.

Cedar Fair LP, the Ohio-based theme and water park operator that owns Worlds of Fun, announced early Thursday morning that it had reached a deal with Schlitterbahn to buy two of its Texas parks — in New Braunfels and Galveston — for $261 million, with an option to acquire its Kansas City, Kan., location for an additional $6 million.

In an interview with the Kansas City Business Journal, Michael Russell, corporate manager for investor relations, said the company had not set a timeline for the KCK property but does plan to move fairly quickly on a deal for the two parks in Texas, hoping to close by the end of the second quarter.

Read the full story in the Kansas City Business Journal.

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