New owners say Cypress Gardens will survive

Posted November 20, 2007, 10:45A | Contributed by Jeff

The new ownership of Cypress Gardens Adventure Park says it is confident about what it will take to make a viable business out of the state's oldest theme park: More of the same. The park, which is up and running, was purchased in an October bankruptcy proceeding by Brian Philpot and Robert Harper IV for $16.8 million. The former owner, Kent Buescher, is staying on as CEO.