Cedar Fair and Six Flags Merge to Create $3.5B Amusement Park Giant with 27 Parks

Cedar Fair and Six Flags are merging to create a large amusement park operator worth over $3.5B with operations in 17 U.S. states and 3 countries.

The combined company will have 27 amusement parks, 15 water parks, 9 resorts and various entertainment partnerships.

The deal is expected to lower costs, with an anticipated $120M in savings within 2 years.

Cedar Fair unitholders will get 1 share in the new company for each unit owned. Six Flags shareholders get 0.58 shares per share owned.

The company will operate under the Six Flags name and "FUN" ticker symbol. The deal is expected to close in 1H 2023 pending approvals.