Cedar Fair merger with Six Flags is complete: Combined company now known as Six Flags Entertainment Corporation

The company said each park -- including Cedar Point -- 'will retain their legacy branding with no changes to park names currently being planned or contemplated.'and Kings Island, has completed its merger with Six Flags as the amusement park giants join forces for a newly named company now known as Six Flags Entertainment Corporation.

Get the day's top headlines sent to your inbox each weekday morning with the free 3News to GO! newsletter"Under the terms of the merger agreement, Cedar Fair unitholders received one share of common stock in Six Flags Entertainment Corporation for each unit owned, and Former Six Flags shareholders received 0.5800 shares of common stock in Six Flags Entertainment Corporation for each share owned," according to a company press release.

Selim Bassoul, who was President and CEO for Six Flags, will now serve as executive chairman of the combined company's board of directors. Six Flags Entertainment Corporation is North America’s largest regional amusement-resort operator with 27 amusement parks, 15 water parks and nine resort properties across 17 states in the U.S., Canada and Mexico.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

A farewell to Cedar Fair: Cedar Fair, Six Flags expected to finalize merger todayThe announcement of the historic merger came back in November of 2023.
Fonte: wsyx6 - 🏆 444. / 53 Consulte Mais informação »

Cedar Fair sets July 1 merger date with Six Flags, announces new company’s management teamAmong the parks impacted by the merger are Cedar Point and Kings Island in Ohio, both owned by Cedar Fair.
Fonte: clevelanddotcom - 🏆 301. / 63 Consulte Mais informação »

Six Flags' merger with Cedar Fair to be completed July 1; shares jumpThe new company will operate as Six Flags and be based in Charlotte, N.C. Six Flags now calls Arlington home, while Cedar Fair is in Sandusky, Ohio.
Fonte: ExpressNews - 🏆 519. / 51 Consulte Mais informação »

Six Flags will move headquarters after Cedar Fair merger closes July 1Six Flags and Cedar Fair will soon be wrapping up its merger on July 1. The new combined company will move Six Flags out of Arlington after four years at its...
Fonte: dallasnews - 🏆 18. / 71 Consulte Mais informação »

Cedar Fair CEO takes over Six Flags as merger closesAfter months of waiting, Six Flags and Cedar Fair’s merger has finally closed, creating one theme park giant. The move will consolidate both company’s parks...
Fonte: dallasnews - 🏆 18. / 71 Consulte Mais informação »