Tag Archives: 2010

Jobs, News and Updates

Cedar Point to hold summer job weekend

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Cedar Point Press Release

SANDUSKY, Ohio, – This will be an important weekend for people interested in working at Cedar Point this summer.

On Friday, Feb. 5, the Sandusky, Ohio, amusement park/resort will hold auditions and interviews for performers, musicians and show technicians for this summer’s live shows.  The auditions will be held in the Live Entertainment Office at Cedar Point from 11 a.m. to 4 p.m.

To audition, applicants must be at least 18 years old by May.  A CD player and piano will be available, but other instruments and amplifiers will not be provided.  Applicants should also bring a one-page resume with references to the audition.

For more information about the auditions, interested applicants should contact the Live Entertainment Division at 419.627.2388, by e-mail at liveshows@cedarpoint.com or online at cedarpoint.com.

The next day, Saturday, Feb. 6, Cedar Point will be holding open interviews for summer jobs in the park such as ride operator, food service attendant and merchandise and games associate.

The interviews will be held from 11 a.m. to 4 p.m. at the park’s Breakers Express Hotel, located at 1201 Cedar Point Drive, Sandusky.  Open interviews are also planned for later in February, March and April.

The park will be looking to fill more than 4,500 positions for this summer’s operating season.

Prior to attending the job interviews on Feb. 6, applicants need to complete an online application.  To apply, visit www.cedarpoint.com and click on “Jobs.”

Overall, there are more than 50 different job classifications available.  Other positions include admission employee, lifeguard, marina dockhand, parking/toll attendant and room attendant.

Cedar Point offers positions starting at $7.30 per hour.  Employees under the age of 16 will earn $7.25 per hour.  Other employee benefits include low-cost housing for employees who are at least 18 years old and live more than 30 miles from the park, on-site employee cafeteria, free uniform exchange, recreation center and extensive employee activity program.  Summer employees are also eligible to enroll in a seasonal health care program.

Cedar Point employees also have free admission to Cedar Point, the Soak City waterpark and the park’s sandy beach.

To obtain additional information about jobs at Cedar Point, please call 1.800.668.JOBS (5627) or visit cedarpoint.com.

Cedar Fair, News and Updates, News Stories

Cedar Fair to go ahead with Apollo Global deal

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From BusinessWeek…

Cedar Fair LP said Tuesday that it is proceeding with its proposed $635 million acquisition by asset manager Apollo Global Management.

The amusement and water park operator said in a filing with the Securities and Exchange Commission that it reached out to 32 other potentially interested parties during the 40-day period in which it was allowed to try to find alternative bids. In that time Cedar Fair, based in Sandusky, Ohio, said six of the parties wanted confidential company information in order to evaluate a possible deal but none of them wound up making an offer.

Now that the go-shop period has ended, Cedar Fair said in the filing that its board still believes the proposed deal with Apollo maximizes value for its unitholders.

Cedar Fair owns and runs 11 amusement parks, six outdoor water parks and five hotels, including Cedar Point in Ohio, Canada’s Wonderland near Toronto, Dorney Park in Pennsylvania and California’s Knott’s Berry Farm and Great America.

The potential acquisition comes at a time when the company has struggled to keep consumers coming to its properties. With the economy still fairly fragile and unemployment numbers high, many consumers have pulled back on their discretionary spending, which has pushed amusement and water park attendance levels lower.

Even rival theme park operator Six Flags has succumbed to recessionary pressures, filing for bankruptcy protection in June.

Cedar Fair accepted Apollo’s $11.50 per share offer last month. The transaction’s total value is estimated by the companies at $2.4 billion, which includes the assumption of debt.

At the time Cedar Fair agreed to the acquisition, the offer price was a 27 percent premium to its closing stock price of $9.08. The shares fell 29 cents, or 2.3 percent, to $12.49 Tuesday morning, or 8.5 percent above the offer price.

The acquisition is expected to close by the start of the 2010 second quarter. It is dependent on regulatory clearance and holders of two-thirds of the company’s shares supporting the transaction.