Exclusive: US amusement park operators Cedar Fair, Six Flags in merger talks-sources

People ride a roller coaster at Six Flags Magic Mountain amusement park on the first day of opening, as the coronavirus disease continues, in Valencia, California, U.S., April 1, 2021. REUTERS/Lucy NicholsonA tie-up between the two companies would come as concerns about a U.S. economic slowdown and consumers curbing their discretionary spending have weighed on their stock performance. Merging would allow them to weather a slowdown from a stronger position.

If there is an agreement, it could come as early as Thursday, when Cedar Fair reports quarterly earnings. Cedar Fair shares and Six Flags rose more than 6% and 7% on the news, respectively, in afternoon trading in New York. They have both underperformed the Refinitiv United States Leisure & Recreation Price Return Index by more than 15% this year.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Six Flags, Cedar Fair near merger: reportJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Six Flags, Cedar Fair Near Merger DealAgreement between two of the largest regional-theme-park chains in the U.S. could be unveiled this week
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »