That seems a bit doubtful, however...
I wouldn't hate to see Time Machine moved to Carowinds. I've heard its a little rough, but as far as Coasters are concerned, it's the more, the merrier for me. There's no big, sit-down looper at the park and I can't say I'd be upset with Cedar Fair if they chose to go that route.
Regardless, the Giga next year is hopefully gonna blow us away. Basically, we've already won. Anything extra (regarding Coasters) in the immediate future, like one or two years later, is just icing on the cake.
BTW:
http://www.italintl.com/detail_page.php?record_id=1793^ Time Machine is still listed For Sale. That could mean A) Cedar Fair didn't get it, B) maybe the page wasn't updated since the alleged purchase, C) nothing at all.
EDIT: seems Chris already noted that last point :p