Six Flags-Cedar Fair merger won’t force sale of Magic Mountain or Knott’s Berry Farm

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इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The U.S. Department of Justice approves the merger of the amusement park giants on July 1.

Guests ride the new Wonder Woman Flight of Courage roller coaster at Six Flags Magic Mountain in Valencia, one of two Southern California theme parks that would be owned by the same company under a Knott’s-Six Flags merger. The U.S. Department of Justice won’t force the sale of Southern California rivals Six Flags Magic Mountain or Knott’s Berry Farm in approving the $8 billion merger of the two parent companies into a North American amusement park juggernaut.

The Justice Department could have required the newly combined company to sell off Magic Mountain or Knott’s in order to encourage competition in the Southern California marketplace. Knott’s and Magic Mountain share some fans, but are on opposite sides of the Los Angeles metropolis. Southern California is home to seven theme parks and the local Cedar Fair and Six Flags locations have coexisted and competed in the region for decades.

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Six Flags-Cedar Fair merger won’t force sale of Magic Mountain or Knott’s Berry FarmThe U.S. Department of Justice approves the merger of the amusement park giants on July 1.
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