Cedar Fair and Six Flags are merging to create an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
The combined company, worth more than $3.5 billion, will boast 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico. It will also have entertainment partnerships and a portfolio of intellectual property including Looney Tunes, DC Comics and Peanuts. but have struggled to raise attendance since the pandemic, even as other entertainment sectors have bounced back. A tie-up between two huge players is expected to at least lower costs.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklySix Flags and Cedar Fair, which have little geographical overlap, anticipate $120 million in cost savings within two years of closing the deal. Zimmerman will be president and CEO of the combined company. Selim Bassoul, president and CEO of Six Flags, will become executive chairman.
The company's newly formed board will include six directors from Cedar Fair and six directors from Six Flags.
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Six Flags and Cedar Fair, Dorney Park's parent company, to merge in $8M dealThe combined company will continue to use the Six Flags name and operate a portfolio of 27 amusement parks, 15 water parks and 9 resort properties across North America.
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Cedar Fair and Six Flags will merge to create a playtime powerhouse in North AmericaCedar Fair and Six Flags Entertainment Corp. are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries. The combined company will include 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico.
Lire la suite »
Cedar Fair and Six Flags will merge to create a playtime powerhouse in North AmericaCedar Fair and Six Flags Entertainment Corp. are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
Lire la suite »
Cedar Fair and Six Flags will merge to create a playtime powerhouse in North AmericaCedar Fair and Six Flags Entertainment Corp. are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
Lire la suite »
Cedar Fair and Six Flags will merge to create a playtime powerhouse in North AmericaCedar Fair and Six Flags are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
Lire la suite »
Cedar Fair, Six Flags agree to merge; new company will be headquartered in North CarolinaThe new company, which will be called Six Flags, will feature a combined 27 amusement parks, 15 water parks and nine resorts across 17 states, Canada and Mexico. A press statement called the transaction a “merger of equals.”
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