Mr. Six has another reason to dance. Six Flags and Cedar Fair announced that a merger valued at approximately $8 billion was completed on Monday, July 1st. The combined company, Six Flags Entertainment Corporation, is North America's largest regional amusement-resort operator with 27 amusement parks, 15 water parks and nine resort properties across 17 states in the U.S., Canada and Mexico, including Six Flags Magic Mountain and Knott's Berry Farm in California and Cedar Point in Ohio.
"Today marks a significant milestone for our company, shareholders, guests and associates, unlocking higher value and greater opportunities to deliver engaging entertainment experiences," said Richard Zimmerman, president and chief executive officer of Six Flags Entertainment Corporation.
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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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