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Six Flags & Cedar Fair Complete Merger In $8 Billion Deal, Creating Amusement Park Giant That Includes Knott’s & Magic Mountain – Updated
Cedar Fair and Six Flags have joined forces in an $8 billion deal that is said to create the largest theme park operator in North America.
PREVIOUSLY on November 2: In what is described as a “merger of equals,” theme park operators Cedar Fair and Six Flags, are joining forces in an $8 billion deal, the companies announced Thursday. The combination also creates an enhanced financial profile with strong cash flow generation to accelerate investments in our parks to delight our guests, driving increased levels of demand and in-park value and spending. We are excited to unite the Cedar Fair and Six Flags teams to capitalize on the tremendous growth opportunities and operational efficiencies of our combined platform for the benefit of our guests, shareholders, employees, and other stakeholders.”
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