The merger of Cedar Fair and Six Flags was completed this week, creating an amusement park powerhouse with operations spread across 17 U.S. states and three countries.The successful completion of the merger was announced on Monday by the combined company "Six Flags Entertainment Corporation," now worth more than $3.5 billion. It boasts 27 amusement parks, 15 water parks and nine resort properties in the U.S.
Six Flags and Cedar Fair, which have little geographical overlap, anticipate $120 million in cost savings within two years of closing the deal.Six Flags and Cedar Fair have talked about potential deals before, with Six Flags previously making an offer for Cedar Fair in 2019, but it was turned down. SeaWorld approached Cedar Fair with a bid in 2022, but that proposal was also rejected.
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