Maybe leveraged buyouts aren't back quite yet: One of the few LBOs of the year is starting to...


Maybe leveraged buyouts aren't back quite yet: One of the few LBOs of the year is starting to run into resistance. Apollo Management's $2.4B proposal to acquire theme-park operator Cedar Fair (FUN +1.7%) is getting blasted by Q Funding III (owner of 9.8% of shares) as under true value. Apollo's $11.50/share offer is a 7% discount to current price.

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