Alva Review-Courier -

Schlitterbahn, Cedar Fair enter $261M water park sale deal

 


AUSTIN, Texas (AP) — A Texas-based water park company on Thursday announced an agreement to sell two of its attractions and will also give the buyer the right to acquire its Kansas site where a 10-year-old boy was killed nearly three years ago.

Schlitterbahn said in a news release it sold a water park and resort in New Braunfels, Texas, and another property in Galveston, Texas, to Cedar Fair Entertainment Co. in a $261 million deal. Sandusky, Ohio-based Cedar Fair also will have the right to buy Schlitterbahn's Kansas water park for $6 million in cash.

"While it's a difficult decision, af...



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