- June 14th, 2019, 7:44 am
#107231
Yes, they arent buying the park, they're buying the assets of the park. It's a very significant legal distinction. And those assets consist primarily of the land and related improvements.
Since I said that the delay is because Cedar Fair only wants the option to buy at this point, and that's exactly what they're getting, I have no clue how you could claim that this means Cedar Fair somehow disagrees with me. I'm not even claiming to be right, I saying that your claim that "they need the cash from the other parks to pay off the mortgage before they can sell the third park" is wrong.
Edwardo wrote:You’re really going to argue that they’re optioning to buy land and not a park?
It really doesn’t matter. You’re saying that there’s no reason that both transactions can’t be done all at once, for all three parks.
Cedar Fair disagrees with you. So no argument you make matters because the fact is the company doing the deal feels that there is a reason. Period.
Yes, they arent buying the park, they're buying the assets of the park. It's a very significant legal distinction. And those assets consist primarily of the land and related improvements.
Since I said that the delay is because Cedar Fair only wants the option to buy at this point, and that's exactly what they're getting, I have no clue how you could claim that this means Cedar Fair somehow disagrees with me. I'm not even claiming to be right, I saying that your claim that "they need the cash from the other parks to pay off the mortgage before they can sell the third park" is wrong.
Last edited by Glitch99 on June 14th, 2019, 7:48 am, edited 1 time in total.