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Investing in discretionary stocks like PlayAGS, Inc. (AGS), Six Flags Entertainment Corporation (FUN), OneSpaWorld Holdings (OSW), Norwegian Cruise Line Holdings Ltd. (NCLH) and Skechers U.S.A.
Six Flags has completed its merger with Cedar Fair. Management hopes it will produce $200 million in cost savings.
Cedar Fair and Six Flags complete their merger to create Six Flags Entertainment Corp. (FUN). Jenny Horne discusses what this merger means for park entertainment.
The merger, which was completed Monday, puts the estimated value of the company at $8 billion and "brings together the strengths of both companies, combining Cedar Fair's reputation for delivering exceptional guest experiences with Six Flags' innovative ride and attraction designs."
Six Flags Entertainment Corporation is now the "largest" theme park operator in North America following its merger with Cedar Fair Entertainment Company.
SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)--CEDAR FAIR AND SIX FLAGS ANNOUNCE THE SATISFACTION OF REGULATORY CONDITIONS FOR THE PROPOSED MERGER OF EQUALS.
SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)--Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”) today announced that the regulatory conditions for their previously announced merger of equals (the “Mergers”) have been satisfied, permitting the companies to proceed with the closing of the Mergers (the “Closing”). The parties expect Closing to occur on July 1, 2024, following the satisfaction of remaining customary closing condition.
Cedar Fair (FUN) and Six Flags (SIX) expect a merger to be complete by July 1st. The combined company will be named Six Flags Entertainment Corp. and will trade under the tickers “FUN” starting on July 2nd.
SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)--CEDAR FAIR AND SIX FLAGS ANNOUNCE ANTICIPATED CLOSING DATE OF THE MERGERS AND SIX FLAGS' RELATED SPECIAL DIVIDEND.
SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)--Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”), today announced that they notified the New York Stock Exchange (“NYSE”) that the closing of Cedar Fair and Six Flags' previously announced merger of equals (the “Mergers”) is expected to occur on July 1, 2024 (the “Expected Closing Date”). The completion of the Mergers is subject to the satisfaction or waiver of a number of conditions.