Amusement Park Giants Six Flags and Cedar Fair Announce Merger
TL;DR
Amusement park corporation Six Flags is merging with rival Cedar Fair in an $8 billion deal, creating a combined entity that will operate 27 amusement parks, 15 water parks, and nine resort properties in North America. The merger is expected to generate over $3 billion in revenue. The move comes after years of financial challenges for Six Flags, including a plunge in share value in 2020 due to defaulted payments for planned projects in China.
- Six Flags Merges With Cedar Fair, a Rival Amusement Park The New York Times
- Six Flags and Cedar Fair are merging CNN
- Six Flags, Knott's Berry Farm merging FOX 11 Los Angeles
- Carowinds' parent company merging with Six Flags, bringing new HQ to Charlotte WSOC Charlotte
- Carowinds' parent company and Six Flags merging Queen City News
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