Cedar Fair and Six Flags are merging to create an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
FILE - Visitors wearing masks ride on a roller coaster at Six Flags Magic Mountain on its first day of reopening to members and pass holders in Valencia, Calif., on April 1, 2021. are merging to create an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
Cedar Fair reported an attendance of 12.4 million guests in its third quarter, a 1% increase from a year earlier. Six Flags announced a 16% rise in its third-quarter attendance, which totaled 9.3 million guests., including Six Flags, have struggled to get people through the gates, said James Hardiman at Citi Investment Research.
Six Flags and Cedar Fair have talked about potential deals before, with Six Flags previously making an offer for Cedar Fair in 2019, but it was turned down. SeaWorld approached Cedar Fair with a bid last year, but that proposal was also rejected. Our merger with Six Flags will bring together two of North America's iconic amusement park companies to establish a highly diversified footprint and a more robust operating model to enhance park offerings and performance," Cedar Fair CEO Richard Zimmerman said in a prepared statement.
The company's newly formed board will include six directors from Cedar Fair and six directors from Six Flags.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fair employee injured at the Jacksonville FairAn employee from the Greater Jacksonville Agricultural Fair suffered life threatening injuries Saturday evening, according to JFRD.
Read more »
Hearing on Cedar Lake election complaint postponed until Nov. 14A complaint questioning the campaign spending documentation of five current Cedar Lake Republican officials — two of whom are on the ballot Tuesday — was postponed after several of the respondents could not appear at Saturday’s hearing.
Read more »
Cedar Lake council candidates debate responsible development in fast-growing townCedar Lake residents are facing a crossroads on Tuesday over the vision of how the town will grow in the coming years.
Read more »
Flags of Glory setting up for Veterans DayAlready, 250 American flags are set up at the Mobile Memorial Gardens Cemetery to prepare for the opening ceremony.
Read more »
Greater Gulf State Fair shut down early Saturday night due to ‘disruptive behavior’The Greater Gulf State Fair was shut down early Saturday night in response to “disruptive behavior,” a Mobile city official told FOX10 News.
Read more »
That's a lot of corny dogs! The wildest stats from the State Fair of Texas' 2023 runThe fair's annual 24-day run has now concluded.
Read more »