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Cedar Fair (2006-2007) Paramount Parks was a subsidiary of National Amusements -owned Viacom, headquartered at its Paramount's Carowinds amusement park in Charlotte, North Carolina. At the time of its acquisition, the company owned and operated five amusement park/ water parks, which annually attracted 13 million patrons.
Website. www.carowinds.com. Carowinds is a 407-acre (165 ha) amusement park primarily located in Charlotte, North Carolina. Owned and operated by Six Flags Entertainment Corporation, the park first opened to the public on March 31, 1973. Carowinds straddles the state line between North and South Carolina, adjacent to Interstate 77, with a ...
For the 1997 season, Paramount Parks invested $7 million [1] in a 12-acre (49,000 m 2) expansion and renamed the park to WaterWorks. Another major expansion occurred in 2006 adding a new Australian theme and changing the name to Boomerang Bay, a name shared with several water parks at other Cedar Fair amusement parks.
Shari Redstone, non-executive chair of Paramount Global and its controlling shareholder through National Amusements Inc., addressed the pact in a memo to employees, as did the trio of co-CEOs ...
Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes ...
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On May 23, 2006, CBS Corporation sold Paramount Parks to the Cedar Fair Entertainment Company. With this acquisition, Cedar Fair became the third-largest theme park operator. [11] On June 30, 2006, Cedar Fair completed its acquisition of Paramount Parks from CBS Corporation in a cash transaction valued at US$1.24 billion.
Nighthawk at RCDB. Nighthawk is a steel flying roller coaster located at Carowinds. Constructed by Vekoma, it is located in the Thunder Road section of the park. The roller coaster originally opened as Stealth at California's Great America on April 1, 2000. In 2003, Paramount Parks decided to relocate the roller coaster to Carowinds.