The purchase price is not being disclosed, according to a news release.
"The Kennywood experience -- as visitors have come to love and expect -- will continue. Nothing will seem different, even to the folks working at the parks. Existing management and staff will remain in place," Harry Henninger, chairman of Kennywood Entertainment, said in the news release.
"In recent years, we've had talks with other operators wishing to acquire us, but Parques Reunidos is the first one to share our vision and philosophy."
Mr. Henninger added, "This has been a very difficult decision for members of the founding families, now numbering over 100 and residing all over the country."
1 comment:
I REALLY LIKE THAT THE PARK IS BEING SOLD. THIS PARK NEEDS SOME CHANGES IF U ASK ME. KEEP SOME OF THE GOOD RIDES AND TEAR DOWN THE NON POPULAR RIDES. ITS TIME FOR KENNYWOOD TO CHANGE. SO I REALLY HOPE THY CHANGE IT. I HOPE THEY DO WELL WITH THE NEW LAND TO. I JUST GOT A FEW THINGS TO SAY THOUGH. DONT MESS WITH THE THUNDEBOLT AND THE PHANTOM'S REVENGE, OR THE JACKRABBIT. THE RACERS I REALLY DONT CARE FOR, BUT OUR THREE COASTERS ARE SWEET.
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