Kennywood shareholders OK sale to Spanish company

Kennywood Entertainment, parent company of the West Mifflin amusement park, now expects to complete the company's sale to Parques Reunidos of Spain near the end of May.

A majority of the Kennywood's owners, who are the 76 descendants of the park's two founding families, approved the transaction Monday night, said spokeswoman Mary Lou Rosemeyer. The tally, as well as the value of the deal, have not been disclosed.

The transaction still requires the approval of the Federal Trade Commission and the state of Connecticut. Aside from the West Mifflin park, the sale to the Spanish company includes Sandcastle Waterpark in West Homestead, and Idlewild & Soak Zone in Ligonier Township, as well as theme parks in Bristol, Conn., and Glen, N.H.

The sales agreement, which was struck in early December, had been expected to close by March.