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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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.
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