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PALM SPRINGS, CALIF. — CNL Lifestyle Properties has purchased the 21-acre Knott’s Soak City – Palm Springs for an undisclosed sum. CNL will retain the rights to use the Knott’s Soak City – Palm Springs name through the end of 2013. It will be operated by an affiliate of Premier Attractions Management, LLC, which is led by Kieran Burke, the former chairman and CEO of Six Flags Entertainment Corporation. The water park contains 13 waterslides, a lazy river, a tidal wave pool, and a family fun house with waterslides, hose jets, water curtains and a 1,000-gallon dropping water bucket. It also features a poolside and cabana bar, two restaurants, two ice cream and snack stops, a gift shop and a 1,300-member fitness club.