NEW BRAUNFELS, TX – NOVEMBER 6: Schlitterbahn Waterpark and Resort where Devin Patrick Kelley worked is seen November 6, 2017 in New Braunfels, Texas. Kelley was the alledged gunman that killed at least 26 people and as many as 20 injured in mass shooting at First Baptist Church in Sutherland Springs, Texas. (Photo by Erich Schlegel/Getty Images)
BEXAR COUNTY (KTSA News) — Schlitterbahn owner Cedar Fair confirmed Tuesday that SeaWorld made an “unsolicited, non-binding” offer to buy the company.
Bloomberg reported the offer is worth $3.4 billion.
Cedar Fair in a statement said its board of directors will be carefully reviewing the proposal to determine what is in the best interest of the company and shareholders.
Cedar Fair purchased Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston in 2019 after the 2016 death of a 10-year-old boy died on a new water slide at Schlitterbahn’s Kansas City property, which closed in 2020.
Locally, SeaWorld owns SeaWorld San Antonio and Aquatica San Antonio on the city’s far west side. The proposed deal would have these two parks plus Schlitterbahn in New Braunfels all owned by the same company.