What will Cedar Fair-Six Flags merger mean for Six Flags Great America?

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.

The merger is expected to not only provide cost saving measures, but also bring a more streamlined approach to park enhancements, officials said. The source who spoke to NBC Chicago said ride investments can be accelerated, food and beverage options improved and technology enhanced under the deal."While we will miss these attractions, it’s time to plan for future expansion!" the park said in its announcement. 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.

Six Flags and Cedar Fair, which have little geographical overlap, anticipate $120 million in cost savings within two years of closing the deal.

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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.
Fonte: 6abc - 🏆 250. / 63 Consulte Mais informação »

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.”
Fonte: clevelanddotcom - 🏆 301. / 63 Consulte Mais informação »