Cedar Fair, LP Merger Litigation (NYSE: FUN)
Law Office of Brodsky & Smith, LLC Announces Investigation of Cedar Fair LP
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Cedar Fair LP (“Cedar Fair” or the “Company”) (NYSE: FUN – News) relating to the proposed acquisition by Apollo Management, a private equity firm (“Apollo”).
Under the proposed agreement, Cedar Fair shareholders will receive $11.50 for every share of Cedar Fair common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Cedar Fair board’s approval of the proposed merger. The transaction appears to be unfair, in part, given that Cedar Fair stock was trading at $11.86 a share as recently as August 17, 2009 and was trading at $13.69 a share in January 21, 2009.
If you own shares of Cedar Fair and wish to discuss the legal ramifications of the proposed acquisition, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
To Join the Cedar Fair, LP Litigation
-
Fill out this form
View Complaint
The complaint is unavailable at this time
Join Other Cases
Frequently Asked Questions