Cedar Fair closes on Schlitterbahn parks, triggering start of 120-day option for KCK park


Ohio-based Cedar Fair LP has completed its acquisition of two Schlitterbahn water parks in Texas for $261 million, the company announced Monday.

The amusement and water park operator (NYSE: FUN) that owns Worlds of Fun and Oceans of Fun has not made a decision on whether it will purchase Schlitterbahn's Kansas City, Kan., location for $6 million, a company spokesman told the Kansas City Business Journal.

The company announced its intent to purchase the New Braunfels and Galveston parks last…

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