Six Flags, rival theme park brand Cedar Fair to merge in bid to spark post-pandemic recovery

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Cedar Fair and Six Flags Entertainment on Thursday agreed to merge to spur a post-pandemic recovery that smaller US amusement park operators have been chasing as leisure spendin…

In time for Halloween, this year’s scariest lawsuitsSix Flags’ bottom line battered by extreme weather as attendance plunges by 400K

The deal will help with “a strong revenue and cash flow generation profile” amid competition from rivals like SeaWorld Entertainment andIt will also “mitigate the impact of seasonality and reduce earnings volatility through a more balanced presence in year-round operating climates,” they said. The stocks had jumped roughly 6% on Wednesday following a Reuters report that the duo was exploring a potential merger. They have each lost about 10% of their value this year.

 

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