Did SeaWorld buy Schlitterbahn?

SeaWorld's bid to expand its theme park empire has fallen on deaf ears. Cedar Fair, which owns 13 amusement properties, including Knott's Berry Farm in California, Cedar Point and Kings Island in Ohio and Schlitterbahn's properties in Texas, rejected SeaWorld's $3.4 billion takeover offer on Wednesday.

Is SeaWorld buying Schlitterbahn?

Said SeaWorld in a statement: “We confirm that our offer to acquire Cedar Fair was rejected. Unfortunately, we do not see a path to a transaction.” For now, it's business as usual for Schlitterbahn, which is ramping up for its April 15 opening and looking to hire more than 2,000 workers for its New Braunfels park.

Who is buying Schlitterbahn?

Cedar Fair signed a definitive agreement to acquire Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston in 2019, agreeing to pay more than $260 million for the two properties.

When did Schlitterbahn get sold?

On May 1, 2018, IBC Bank took over ownership of the park at foreclosure auction. Schlitterbahn continues to operate and market it for the new owner. The property was rebranded as Waves Resort Corpus Christi.

Who owns Schlitterbahn in Galveston?

Sandusky, Ohio-based Cedar Fair Entertainment Company bought Schlitterbahn's New Braunfels and Galveston water parks for $261 million in July. Cedar Fair planned to invest as much as $20 million between both Texas locations over the next few years.

Is SeaWorld Buying Out Cedar Fair?! Analysis + Will it Happen?

Is Schlitterbahn still open?

In 2018, the last operating season of the park, four attractions remained closed throughout the season after an audit by regulators found that each did not comply with the Kansas Amusement Ride Act. Demolition of Verrückt began on November 1, 2018. The park did not open for the 2019 season.

Did Cedar Fair buy Schlitterbahn?

This is a follow-up to a post I wrote in June 2019, shortly after Cedar Fair purchased Schlitterbahn, which happens to be our favorite water park. At the time, I was worried that becoming part of a theme park conglomerate would lead to the park losing all of the things which made us fall in love with it.

What happened to the owner of Schlitterbahn?

Co-owner of former Schlitterbahn water park in Kansas City, Kansas, pleads guilty to drug charge. Jeff Henry, who helped design the Verruckt water slide that killed a 10-year-old boy in 2016, pleaded guilty to an unrelated drug charge in Johnson County.

Was Schlitterbahn sold?

(NYSE: FUN), the companies announced June 13. Cedar Fair signed a definitive agreement to purchase Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston from the longtime owners, the Henry family, for $261 million.

Does the Henry family still own Schlitterbahn?

While the New Braunfels and Galveston properties are changing hands, members of the Henry family will retain ownership of the Schlitterbahn water park on South Padre Island. That park eventually will be rebranded. The Corpus Christi water park will remain under the Diamond Beach corporate umbrella.

What happened with Schlitterbahn?

The Tragic Death in Schlitterbahn

He was decapitated on the Verrückt water slide (world's tallest water slide) of Schlitterbahn Water Park. The slide he was riding went gliding over, hitting a metal pole. Two ladies who were with Caleb In the raft were badly injured. The slide has been permanently shut down.

What happened to Caleb on water slide?

Caleb was killed when his raft became airborne over the slide's 50-foot hump and collided with a metal bar supporting a safety net above. Two woman with whom he was riding suffered minor injuries. Shocked theme park visitors had to hold his mother Michelle back from the horror.

What happened to Schlitterbahn Kansas City?

Construction is already underway where scant evidence remains of Schlitterbahn Water Park, the site where a 10-year-old boy died on a water slide. The facility had been out of operation since 2019. Plans for its transformation are already in motion with STAR bonds fueling Homefield.

Is Schlitterbahn part of Cedar Fair?

Award-winning water parks including Schlitterbahn—new to Cedar Fair's portfolio—offer the coolest spots in their regions to slide, splash, chill and dine.

What does Schlitterbahn mean in German?

After some brainstorming, they settled on it Schlitterbahn, a made-up word combining the German word for slippery – Schlitter – with the German word for road – Bahn. The park opened in the summer of 1979.

Is Schlitterbahn the largest water park?

Size. Schlitterbahn New Braunfels is the 'World's Best and Biggest Waterpark', holding 4 parks in one. It has been voted the #1 Waterpark in the World for 22 years now, holding 51 attractions scattered over 70 acres.

How many Schlitterbahn's are in Texas?

With four locations across the state of Texas, Schlitterbahn is easily Texas' most prolific and beloved waterpark.

Why did Schlitterbahn close in South Padre Island?

Beach Park At Isla Blanca, previously known as Schlitterbahn South Padre Island, splashes back into action on Friday, May 21, after being closed for more than a year due to the coronavirus pandemic.

Why did Schlitterbahn change its name?

The Texas waterpark will take on a new name and logo.

Ownership for the property will remain the same. The change comes as part of an ownership shift involving an agreement to sell the New Braunfels and Galveston locations.

What happened to Schlitterbahn New Braunfels?

Schlitterbahn said in a news release it sold a water park and resort in New Braunfels, Texas, and another property in Galveston, Texas, to Cedar Fair Entertainment Co. in a $261 million deal. Sandusky, Ohio-based Cedar Fair also will have the right to buy Schlitterbahn's Kansas water park for $6 million in cash.

How did boy died at Schlitterbahn?

Caleb was killed on the Verruckt – German for “crazy” – in 2016 when the raft he was riding went airborne and hit a metal pole. Two women who were with him in the raft were seriously injured. The slide never operated again and has been torn down.

Has anyone ever died in a water slide?

Visitors flocked to Schlitterbahn Water Park in Kansas City, Kansas, to experience its thrill. That is, until August 7, 2016, when the raft that 10-year-old Caleb Schwab was riding went airborne and hit a metal pole supporting a safety net, resulting in his decapitation and instant death.

Is the verruckt still standing?

Verrückt permanently closed in 2016 following a fatal incident involving the decapitation of a ten-year-old boy.