55.4 F
Fort Worth
Monday, November 23, 2020
Real Estate Company buys 2 Texas water parks in deal with Schlitterbahn

Company buys 2 Texas water parks in deal with Schlitterbahn

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

AUSTIN, Texas (AP) — A Texas-based water park company has sold two of its attractions and given the buyer the right to acquire its Kansas site where a 10-year-old boy was killed nearly three years ago.

Schlitterbahn on Thursday announced the $261 million agreement with Cedar Fair Entertainment to sell a water park and resort in New Braunfels, Texas, and another property in Galveston, Texas. Sandusky, Ohio-based Cedar Fair will also have the right to buy the company’s Kansas water park for $6 million in cash.

The deal comes after Schlitterbahn remained mum on its plans for the Kansas City, Kansas, park where Caleb Schwab was decapitated in August of 2016 on the 17-story Verruckt slide.

Caleb’s family received nearly $20 million in settlements and two women who were seriously injured while riding with him settled for an undisclosed amount.


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Virus playing part in booming ranch sales in US West

BILLINGS, Mont. (AP) — The coronavirus is one of the likely factors fueling a boom in large ranch sales in the U.S. West, real...

Wood Partners plans 322-unit apartment in Grand Prairie

Wood Partners has recently closed on a new property on S. Forum Drive in Grand Prairie in the Highway 161 corridor. Once complete, the new community...

Existing home sales up 4.3% in October, fifth monthly gain

By KEN SWEET AP Business Writer Sales of existing homes rose for a fifth straight month in October, reaching a level not seen since before...

D.R. Horton acquires 170-acres in north Fort Worth for residential development

D.R. Horton has purchased a 170-acre residential development site in North Fort Worth with plans to  build approximately 450 homes on the site. Landry Burdine...

Property management change in Sundance Square

Fine Line Group, the Family Office of Sasha and Ed Bass, has announced it has formally transitioned property management responsibilities for the Sundance Square...