Cedar Fair and Six Flags are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
The combined company will boast 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico.
Six Flags and Cedar Fair, which have little geographical overlap, anticipate $120 million in cost savings within two years of closing the deal. The company’s newly formed board will include six directors from Cedar Fair and six directors from Six Flags.
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