Theme park operators Six Flags, Cedar Fair combine in 'merger of equals'

The combined company will be valued at $8 billion and include 27 amusement parks, 15 water parks and nine resort properties across 17 states in the U.S., Canada, and Mexico.The deal, announced Thursday before the trading markets opened, surfaced publicly a day earlier as nearing completion. The companies describe it as a “merger of equals.”When the transaction closes, shareholders of Ohio-based Cedar Fair will own about 51.2% of the new company’s stock while Six Flags shareholders will hold 48.

Its portfolio will include 42 amusement parks and waterparks and nine resort properties across 17 states in the U.S., Canada, and Mexico. Marquee parks include Six Flags Over Texas in Arlington and Six Flags Fiesta in San Antonio as well as Cedar Point in Sandusky, Ohio, and Knott’s Berry Farm in California.Zimmerman said the merger will allow the company to speed up investments in the parks, which compete against the likes of Disney and Universal in the competitive leisure entertainment space.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Six Flags and Cedar Fair Stocks Soar on News of Theme Park MergerThe combined company worth some $3.5 billion will operate under the name Six Flags and trade under Cedar Fair's ticker.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Six Flags, Cedar Fair Strike Big Theme-Park MergerDeal will give combined company reach to fend off larger competitors
ソース: WSJ - 🏆 98. / 63 続きを読む »

Theme Park Merger: Six Flags and Cedar Fair to combineThe two companies tout their combined IP deals, including for DC Comics and the Peanuts characters, as core to the merger.
ソース: THR - 🏆 411. / 53 続きを読む »

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...
ソース: dallasnews - 🏆 18. / 71 続きを読む »

Cedar Fair, Six Flags agree to merge; new company will be headquartered in North CarolinaThe new company, which will be called Six Flags, will feature a combined 27 amusement parks, 15 water parks and nine resorts across 17 states, Canada and Mexico. A press statement called the transaction a “merger of equals.”
ソース: clevelanddotcom - 🏆 301. / 63 続きを読む »

Cedar Fair, parent company of Kings Island, and Six Flags to mergeCedar Fair, an Ohio-based amusement park operator and parent company of Kings Island, is set to merge with Six Flags Entertainment Corporation.The combined comp
ソース: fox28columbus - 🏆 249. / 63 続きを読む »