-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TQ/Fw4+7TYkt+AMbadtnnZVzI3oufpTZ7exr++8cDBjvhuSO5DfCOi1WK4TvCm3R +Ee2bVYyPQx8oPY3Zh8WlA== 0000811532-02-000008.txt : 20020620 0000811532-02-000008.hdr.sgml : 20020620 20020620144153 ACCESSION NUMBER: 0000811532-02-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020613 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 20020620 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CEDAR FAIR L P CENTRAL INDEX KEY: 0000811532 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 341560655 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09444 FILM NUMBER: 02683117 BUSINESS ADDRESS: STREET 1: P O BOX 5006 CITY: SANDUSKY STATE: OH ZIP: 44871 BUSINESS PHONE: 4196260830 8-K 1 form8k.htm FORM 8-K DATED JUNE 13, 2002 SECURITIES AND EXCHANGE COMMISSION

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 13, 2002

CEDAR FAIR, L.P.

(Exact name of Registrant as specified in its charter)

 

DELAWARE

1-9444

34-1560655

(State or other jurisdiction
of incorporation)

(Commission
File No.)

(I.R.S. Employer
Identification No.)

 

One Cedar Point Drive, Sandusky, Ohio

44870-5259

(Address of principal executive offices)

(Zip Code)

 

Registrant's telephone number, including area code: (419) 626-0830

 

N.A.

(Former name or former address, if changed since last report)

 

 

ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

On June 13, 2002, the Board of Directors of Cedar Fair Management Company, the General Partner of Cedar Fair, L.P. (the "Company"), acting on the recommendation of its Audit Committee, decided to no longer engage Arthur Andersen LLP ("Andersen") as the Company's independent public accountants and appointed PricewaterhouseCoopers LLP ("PWC") to serve as the Company's independent public accountants.

Andersen's reports on the Company's consolidated financial statements for the past two years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle.

During the two most recent fiscal years and through June 13, 2002, there were no disagreements with Andersen on any matter of accounting principles or practices, financial disclosure, or auditing scope or procedure, which if not resolved to Andersen's satisfaction, would have caused them to make reference to the subject matter in their report on the financial statements for such years; and there were no reportable events as defined in Regulation S-K Item 304(a)(1)(v).

The Company provided Andersen with a copy of the foregoing disclosures. Attached as Exhibit 16.1 is a copy of Andersen's letter, dated June 20, 2002, stating that it found no basis for disagreement with such statements.

During the Company's two most recent fiscal years and through June 13, 2002, the Company did not consult PWC with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's consolidated financial statements, or any other matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.

 

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

Exhibit 16.1 - Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 20, 2002

Exhibit 99.1 - Press Release dated June 17, 2002

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

CEDAR FAIR, L.P.

By Cedar Fair Management Company, General Partner

 

By:

/s/ Bruce A. Jackson

 

Bruce A. Jackson
Corporate Vice President, Finance and
Chief Financial Officer

 

 

Date: June 20, 2002

 

 

EXHIBIT INDEX

 

Exhibit Number

 

Description

     

16.1

 

Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 20, 2002

99.1

 

Press Release dated June 17, 2002

     

EX-16 3 aallpletter.htm ACCOUNTANT LETTER DATED JUNE 20, 2002 Exhibit 16

Exhibit 16.1

 

 

 

June 20, 2002

 

 

Office of the Chief Accountant

Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, D.C. 20549

 

 

 

 

 

Dear Sir or Madam:

The representations made in this letter are based solely on discussions with and representations from the engagement partner and manager on the audits of the consolidated financial statements of this registrant for the two most recent fiscal years. Those individuals are no longer with Arthur Andersen LLP. We have read Item 4 included in the Form 8-K dated June 13, 2002 of Cedar Fair, L.P. to be filed with the Securities and Exchange Commission and have found no basis for disagreement with the statements contained therein.

 

 

/s/ Arthur Andersen LLP

Arthur Andersen LLP

 

 

 

 

 

 

 

cc: Mr. Bruce A. Jackson

EX-99 4 press.htm PRESS RELEASE DATED JUNE 17, 2002 CEDAR FAIR, L.P. DECLARES 2nd QUARTER CASH DISTRIBUTION

Cedar Fair, L.P.

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Press Release

For Immediate Release Contact: Brian Witherow

June 17, 2002 (419) 627-2173

CEDAR FAIR, L.P. DECLARES SECOND QUARTER CASH DISTRIBUTION
AND APPOINTS NEW INDEPENDENT ACCOUNTANTS

SANDUSKY, OHIO, June 17, 2002 -- Cedar Fair, L.P. (NYSE: FUN), a publicly traded partnership that owns and operates six amusement parks and five water parks, has declared a regular quarterly cash distribution of $0.41 per unit, payable August 15, 2002, to holders of record July 3, 2002. This distribution continues the Partnership's annualized distribution rate of $1.64 per unit.

In addition, Richard L. Kinzel, president and chief executive officer, reported that the Board of Directors of Cedar Fair Management Company, the Partnership's general partner, has appointed PricewaterhouseCoopers LLP as the company's independent public accountants for 2002. The decision followed a thorough evaluation process by the Board's Audit Committee.

Prior to the selection of PricewaterhouseCoopers, Arthur Andersen LLP had served as the company's independent accountants for more than forty years. "We greatly appreciate the many years of excellent professional services provided by Arthur Andersen and their audit and tax personnel," said Kinzel. "We look forward to working with PricewaterhouseCoopers in the firm's new role as our independent accountants."

Cedar Fair's six amusement parks are Cedar Point, located on Lake Erie between Cleveland and Toledo; Knott's Berry Farm near Los Angeles in Buena Park, California; Dorney Park & Wildwater Kingdom near Allentown, Pennsylvania; Valleyfair near Minneapolis/St. Paul; Worlds of Fun, located in Kansas City, Missouri; and Michigan's Adventure near Muskegon, Michigan. The Partnership's water parks are located near San Diego and in Palm Springs, California, and adjacent to Cedar Point, Knott's Berry Farm and Worlds of Fun. Cedar Fair also operates Camp Snoopy at the Mall of America in Bloomington, Minnesota under a management contract.

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