Pa. amusement park’s owner set to merge with new company

The merger between Cedar Fair and Six Flags is expected to be complete by July 1, the companies announced Tuesday.SANDUSKY, Ohio – Cedar Fair announced it expects its planned merger with Six Flags to be complete by Monday, July 1.

As previously announced, Richard Zimmerman, current president and CEO of Cedar Fair, will serve as president and CEO of the new company, which will be called Six Flags. Selim Bassoul, current president and CEO of Six Flags, will serve as executive chairman of the new company’s board of directors..

The new company will be headquartered in Charlotte, North Carolina, home to a majority of Cedar Fair’s executives, although the firm’s headquarters is still legally in Sandusky. Once the merger is complete, the company plans to “maintain significant finance and administrative operations in Sandusky,” according to the press statement.joins two of the world’s largest amusement park companies, with a combined 27 amusement parks, 15 water parks and nine resorts across 17 states, Canada and Mexico.

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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.
مصدر: clevelanddotcom - 🏆 301. / 63 اقرأ أكثر »

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.
مصدر: ExpressNews - 🏆 519. / 51 اقرأ أكثر »

Six Flags will move headquarters after Cedar Fair merger closes July 1Six Flags and Cedar Fair will soon be wrapping up its merger on July 1. The new combined company will move Six Flags out of Arlington after four years at its...
مصدر: dallasnews - 🏆 18. / 71 اقرأ أكثر »