On a booth owners' FB group more than one booth owner says a sale to someone seems to have been agreed upon, and that an announcement will come out soon. One of the rumors is that it is the son of Jim Peterson from Mid-America Festivals. No other details yet.
It may not be Mid-America related even if it's Peterson's son. Word from a performer friend is that there has been a group of venture capitalists looking at certain faires last season.