Six Flags reportedly keen to buy rival Cedar Fair

Saturday, 03 Oct, 2019 0

America’s largest theme park brand could be about to grow even larger.

Six Flags Entertainment has reportedly made a merger offer to Cedar Fair which would combine the country’s two largest operators.

Cedar Fair is mulling Six Flags’ cash-and-stock offer, according to people familiar with the matter, Reuters reports.

No further details were disclosed and there is no certainty a deal will be agreed.

Still, Cedar Fair’s stock price saw a double-digit increase on the news.

Six Flags operates 26 parks across the US, Mexico and Canada, while Sandusky, Ohio-based Cedar Fair has 16 locations in North America including Carowinds and Knotts Berry Farm.



 

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TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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