It looks like the Big Dipper, one of the oldest wooden coasters in the world, has been bought by 2 coaster enthusiasts, temporarily saving it from the wrecking ball. Geauga Lake closed a few years ago, and Cedar Fair, the current owners of the now-closed park, have been trying to find buyers for the past couple of years.
It appears that its life has been spared for the time being:
Save the Big Dipper
Here's hoping that they can actually find some way to save the coaster, since it really is an important part of history, IMO. I have to applaud the sheer amount of balls they have for actually moving forward with this project.
I have my doubts, however, as to how successful this project will turn out to be - they don't have a solid plan, nor a timetable, nor a list of partners, nor ANY INFORMATION AT ALL, for that matter - apart from a very vague post that states "they are working on finding a suitable relocation site".