Kennywood is being sold.
The families that own the park have agreed to sell the amusement park and Sandcastle to the Spanish-based company Parques Reunidos.
The company owns amusements parks throughout Europe and entered the U.S. market this year by purchasing water parks.
Employees of the company were told this morning at a meeting at the Bradley House of Catering in Baldwin Borough, according to a company spokes woman.
The companies expect to close on the deal in March.
http://www.post-gazette.com/pg/07345/840790-100.stmF*ck - never thought globalization would come to Kennywood! They damn well better take care of this beautiful Pittsburgh institution.