What Cedar Fair-Six Flags $8 billion merger means for Knott’s and Magic Mountain

  • 📰 ladailynews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Knott’s Berry Farm owner Cedar Fair and Magic Mountain owner Six Flags agree to an $8 billion merger of equals that combines the two companies into a North American amusement park juggernaut.

People ride the new Wonder Woman Flight of Courage roller coaster at Six Flags Magic Mountain in Valencia on July 14, 2022. Magic Mountain drew only 85% of its pre-pandemic attendance in 2022 and actually saw attendance decline from 2021 levels. Longtime theme park fans shaking at the notion of Cedar Fair-Six Flags merger can take some solace that Cedar Fair will be handling operations even if the Six Flags name is about to be slapped on every park in the expanded theme park chain.

The expanded footprint of the Cedar Fair-Six Flags union will only have overlapping parks in two key markets: Southern California and the San Francisco Bay Area. The combined company will be based at Cedar Fair’s headquarters in Charlotte, North Carolina, with finance and administrative operations housed at the company’s flagship Cedar Point theme park in Sandusky, Ohio.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 332. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What will Cedar Fair-Six Flags merger mean for Six Flags Great America?Cedar Fair and Six Flags are merging to create an expansive amusement park operator, but what could that mean for Gurnee’s Six Flags Great America?
Source: nbcchicago - 🏆 545. / 51 Read more »