United Kingdom
United States
Asia Pacific
Six Flags shareholders vote to approve Cedar Fair merger
The big theme park merger is a step closer.
Shareholders of Six Flags Entertainment voted yes to merge with amusement park company Cedar Fair.
Cedar Fair owns major theme parks nationwide including Carowinds, Cedar Point, and Kings Dominion.
Cedar Fair will have a majority holding in the merger so isn’t required to put the offer to a shareholder vote.
Under the current terms, Cedar Fair unitholders will own 51.2%, while Six Flags would own the remaining 48.8%.
However, it is not a done deal just yet.
The Department of Justice is monitoring the theme park merger and has requested additional information from both companies.
The tie-up is valued at about $8 billion.
Pending regulatory approval, the companies hope to finalize the deal by mid-2024.
Related News Stories: Palladium Hotel Group – TravelMole
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.
Florida’s Tourism Boom: Dana Young Analyzes Surge in UK Visitors
Elliott Ferguson’s Vision: Elevating Washington DC’s Global Appeal
Empowering Travel Agents and Tour Operators: A Conversation with Go Nexus Group President
Expedia TAAP incorporates AI for their 100,000 registered agents
Travefy CEO & Founder Talks About Their Itinerary Management For Travel Professionals
MMGY’s Jonathan Sloan: A Tale of Triumph Amidst Adversity
Unlocking Opportunities: Viator Empowers Travel Agents with Innovative Tools and Expansive Offerings
Kazakhstan Explored: A Journey into the Unknown
Behind the Scenes of Vegas Tourism: Kelly Messina’s Insider Perspective
Preserving Mexico’s Beauty: A Conversation with Doris Patiño from Xcaret
Easton Wasinger Unveils Trawick: Affordable Travel Insurance with Exceptional Service
Deleted video
BA flight attendant taken off duty after boozy altercation
Passenger attempts suicide on Bangkok-London flight
Ship crew member arrested after stabbing attack
Report: Viking Sky outage could have been ‘one of the worst disasters at sea’
Spain hits Booking.com with record €530 million fine