Cedar Fair, Six Flags agree to merge; new company will be headquartered in North Carolina

  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The 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.”

Updated: Nov. 02, 2023, 8:20 a.m.Cedar Fair and Six Flags have agreed to merge, creating a company with 42 amusement and water parks, including Cedar Point in Sandusky.SANDUSKY, Ohio – Rival amusement park companies Cedar Fair and Six Flags have agreed to join, creating a new company – called Six Flags – that will be headquartered in Charlotte, North Carolina, the two companies announced early Thursday.

The newly formed board of directors will consist of 12 directors, six from Cedar Fair and six from Six Flags. industry consultant Dennis Speigel said a merger between the two companies would result in the largest regional theme park company in the world. The news, however, will come as a blow to Sandusky, which has been the headquarters of Cedar Fair since the company’s founding in 1983, after Cedar Point acquired Valleyfair amusement park near Minneapolis.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 301. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Six Flags, Cedar Fair near merger: reportJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Six Flags, Cedar Fair Near Merger DealAgreement between two of the largest regional-theme-park chains in the U.S. could be unveiled this week
La source: WSJ - 🏆 98. / 63 Lire la suite »

Exclusive: US amusement park operators Cedar Fair, Six Flags in merger talks-sourcesU.S. amusement park operator Cedar Fair LP (FUN.N) is exploring a potential merger with peer Six Flags Entertainment Corp (SIX.N), people familiar with the matter said on Wednesday.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Exclusive-US amusement park operators Cedar Fair, Six Flags in merger talks-sourcesExclusive-US amusement park operators Cedar Fair, Six Flags in merger talks-sources
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Cedar Fair exploring possible merger with Six Flags: ReportThe two companies – long-time rivals in the regional amusement park industry – were most recently linked in 2019, when Six Flags made an unsolicited $4 billion offer for Cedar Fair, which Cedar Fair rejected.
La source: clevelanddotcom - 🏆 301. / 63 Lire la suite »

Theme park giants Six Flags and Cedar Fair are reportedly in merger talksSix Flags and Cedar Fair may soon be merging. A deal could be closed as soon as Thursday, according to media reports citing sources familiar with the...
La source: dallasnews - 🏆 18. / 71 Lire la suite »