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Ohio company agrees to buy multiple Schlitterbahn water parks

W. Scott Bailey
Ohio company agrees to buy multiple Schlitterbahn water parks

Cedar Fair Entertainment Co. has signed a definitive agreement to acquire Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston. The Sandusky, Ohio-based company will pay $261 million for the two parks. It has also secured the right to acquire Schlitterbahn’s Kansas City, Kansas, water park for an additional $6 million.