SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Amalgamated Gadget, L.P. (Last) (First) (Middle) 301 COMMERCE STREET SUITE 3200 (Street) FORT WORTH TX 76102 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CEDAR FAIR L P [ FUN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/29/2011
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Equity Swap(1)	$11.26	11/29/2011		J/K(2)			1	01/20/2010	07/09/2012	Units Representing Limited Partner Interests	31,400	$10.92	0	I	See footnote(1)
Equity Swap(1)	$11.93	11/29/2011		J/K(3)			1	01/20/2010	07/09/2012	Units Representing Limited Partner Interests	228,600	$10.25	0	I	See footnote(1)
Equity Swap(1)	$11.97	11/29/2011		J/K(4)			1	01/20/2010	07/09/2012	Units Representing Limited Partner Interests	40,000	$10.21	1	I	See footnote(1)
Equity Swap(1)	$11.97	11/30/2011		J/K(5)			1	01/20/2010	07/09/2012	Units Representing Limited Partner Interests	250,900	$10.21	0	I	See footnote(1)

1. Name and Address of Reporting Person* Amalgamated Gadget, L.P. (Last) (First) (Middle) 301 COMMERCE STREET SUITE 3200 (Street) FORT WORTH TX 76102 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Scepter Holdings, Inc. (Last) (First) (Middle) 301 COMMERCE STREET SUITE 3200 (Street) FORT WORTH TX 76102 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* RAYNOR GEOFFREY (Last) (First) (Middle) 301 COMMERCE STREET SUITE 3200 (Street) FORT WORTH TX 76102 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. The equity swap transactions referenced herein were entered into by Amalgamated Gadget, L.P. ("Amalgamated") for and on behalf of R2 Investments, LDC. Scepter Holdings, Inc. ("Scepter") is the general partner of Amalgamated and Geoffrey P. Raynor is the sole shareholder of Scepter.

2. On November 29, 2011, Amalgamated terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.26, regarding 31,400 Units of the Issuer. This termination will be settled in cash.

3. On November 29, 2011, Amalgamated terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.93, regarding 228,600 Units of the Issuer. This termination will be settled in cash.

4. On November 29, 2011, Amalgamated partially terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.97, regarding 40,000 Units of the Issuer. This termination will be settled in cash.

5. On November 30, 2011, Amalgamated terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.97, regarding 250,900 Units of the Issuer. This termination will be settled in cash.

	Brandon Teague, Director of Trading for Scepter Holdings, Inc., general partner of Amalgamated Gadget, L.P.	12/01/2011
	Brandon Teague, Director of Trading for Scepter Holdings, Inc.	12/01/2011
	Brandon Teague, Attorney-in-Fact for Geoffrey P. Raynor	12/01/2011
	** Signature of Reporting Person	Date
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