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.
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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.
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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.
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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.
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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...
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