Cedar Fair Announces Results From Today's Special Meeting of Unitholders
SANDUSKY, Ohio, Oct. 27, 2011 /PRNewswire/ -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, announced the certified voting results of today's Special Meeting of Unitholders to consider two proposals relating to the right of unitholders to nominate directors for election to the Board of Directors.
The Company's Board of Directors recommended FOR both proposals and based upon the Inspector of Election's official tabulation, both proposals received the requisite number of votes. Specifically, the two proposals that were voted on and passed were to (i) amend the Regulations of the General Partner to give unitholders the right to nominate directors for the Board and (ii) amend the Limited Partnership Agreement to establish certain procedures and information requirements for unitholders to nominate directors.
"I am pleased to say that based on these results, and in accordance with the Regulations of the General Partner and Partnership Agreement, the Board of Directors voted today to amend the Partnership Agreement, allowing the right for unitholders to nominate directors," said Dick Kinzel, chief executive officer. "We thank our unitholders for their participation in this Special Meeting and their ongoing interest in Cedar Fair."
The Company will file a Form 8-K with the Securities and Exchange Commission detailing the certified voting results. The filing can be accessed via the SEC website at www.sec.gov.
About Cedar Fair
Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The Company owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. Its parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, and Toronto, Ontario. Cedar Fair also operates the Gilroy Gardens Family Theme Park in California under a management contract. Cedar Fair's flagship park, Cedar Point, has been consistently voted the "Best Amusement Park in the World" in a prestigious annual poll conducted by Amusement Today newspaper.
Contact: Stacy Frole (419) 627-2227
SOURCE Cedar Fair Entertainment Company
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article