Theme Parks Complete $8 Billion Merger

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Six Flags and Cedar Fair have merged in an $8 billion deal, finalized after the market closed on Monday.

Six Flags and Cedar Fair have completed an $8 billion merger, creating a 'leading amusement park operator' that will manage more than 51 properties across North America.The deal between equals with rival operator Cedar Fair, L.P., was finalized after the market closed on Monday, Six Flags Entertainment Corp. said. As of Tuesday, shares of Six Flags Entertainment Corp. will trade on the New York Stock Exchange under the 'FUN' ticker symbol.

, Canada, and Mexico, Six Flags Entertainment Corporation is the one of the most prominent regional amusement-resort operators in North America.'Newsweek contacted Six Flags Entertainment Corp. for comment on the deal and future plans.In March, one person was shot by police outside Six Flags Over Georgia following the outbreak of a brawl on the amusement park's opening day.

 

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