Cedar Fair Gets 49ers Deal After $70M Buyout Collapses

Law360, New York (December 7, 2011, 5:11 PM EST) -- Three months after announcing the $70 million sale of its Great America theme park to JMA Ventures LLC, amusement park operator Cedar Fair LP said Tuesday that the deal had been terminated while a new one had been struck with the San Francisco 49ers to build a stadium and parking deck nearby.

Cedar Fair did not provide details about the reason for the termination of the JMA deal.

“We respect JMA’s decision and are pleased to return to the long-term ownership of this exceptional property,” Cedar...
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