Here are some highlights of the conference call Cedar Fair held on the purchase of Paramount Parks.

 

- Cedar Fair will now operate 12 parks, 5 water parks, and one indoor water park.

- Cedar Fair is expected to entertain over 12 million guests and is one of the world's largest regional park operator

- The Paramount Parks will continue the Nickelodeon theme until the contract expires in four years, in which Cedar Fair will have the option of extending it.

- Cedar Fair plans to maintain current distribution policy.

- King's Island and King's Dominion will keep their names

- Paramount name may or may not stay, but it is a separate contract than the Nickelodeon deal

- A season pass for all 12 parks should be created in 2007

- No changes will be made to any of the parks for 2006

- Cedar Fair plans on maintaining the high quality, cleanliness, and safety of the Paramount Parks.  They are not parks that do not need much work to reach the "Cedar Fair Level".

- Bonfante Gardens and Star Trek: The Experience in Las Vegas were included in the deal and Cedar Fair gains both locations as well.

- "Regional Management" will not take place, as there will be a General Manager at each park

- King's Island and Cedar Point will not be in competition

- Project 2007 Announcement will be in Late August

- Great Wolf Lodge at King's Island will remain with CBS

- Cedar Fair will evaluate bring the Nick Characters to the Cedar Fair parks