Cedar Fair and Six Flags to Merge!

Ross

ByRoss

Thursday, 2 Nov 2023   Other    

Today in the UK we have woken up to the news that Six Flags and Cedar Fair have reached a deal to merge, which will create two of the largest US Theme Park Operators!

As part of the combined company, they will have 42 amusement parks and 9 resort properties which will be across 17 US States, Canada and Mexico, this includes 27 amusement parks and 15 water parks!

The value is around $8 billion based on both companies’ debt and equity values as of the end of October.

It is expected that the merger will close in the first half of 2024 when the combined company will operate under Six Flags.

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