Q Investments Applauds Cedar Fair Unitholders for Again Overwhelmingly Supporting Its Recommendations
PR Newswire
FORT WORTH, Texas, Oct. 27, 2011
FORT WORTH, Texas, Oct. 27, 2011 /PRNewswire/ — Q Funding III, L.P. and Q4 Funding, L.P. (together, “Q Investments”) today thanked Cedar Fair (NYSE: FUN) unitholders for continuing to support Q Investments’ efforts to make meaningful corporate governance changes at Cedar Fair. Over the last year, at Q Investments’ urging, unitholders have voted to support separating the roles of Chairman and Chief Executive Officer, caused the company to prioritize its cash distributions to unitholders, and caused the Board to confirm unitholders’ ability to nominate directors by overwhelmingly supporting the measure at two separate Special Meetings of Unitholders.
Q Investments will continue to be vigilant in protecting unitholder rights, and is confident that Cedar Fair will flourish under its new leadership team.
SOURCE Q Investments
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