Merger completed: Cedar Point now officially part of Six Flags Entertainment Corporation

  • 📰 WEWS
  • ⏱ Reading Time:
  • 28 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 59%

7 Action News News

Detroit,WXYZ,Metro Detroit

Cedar Point is officially a Six Flags amusement park as Cedar Fair and Six Flags announced today that they have completed the merger that was first announced last year.

Under the agreement, Cedar Fair stock holders will receive one share of stock for each share they owned. Six Flags shareholders will receive .58 shared for each share they owned. “We believe that by combining the best ideas and most successful entertainment practices of both Six Flags and Cedar Fair, the new Six Flags can deliver a superior level of joy and excitement that has yet to be experienced by regional park guests,” said Selim Bassoul, executive chairman of the board of directors of Six Flags Entertainment Corporation in a news release.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 323. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: wsyx6 - 🏆 444. / 53 Read more »

Six Flags-Cedar Point Merger Complete, Combined Company FormedThe combined company, Six Flags Entertainment Corporation, operates 27 theme parks, including Knott's Berry Farm and Six Flags Magic Mountain.
Source: ComicBook - 🏆 65. / 68 Read more »

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.
Source: clevelanddotcom - 🏆 301. / 63 Read more »

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.
Source: ExpressNews - 🏆 519. / 51 Read more »