Amusement parks Cedar Fair and Six Flags merger is estimated to generate more than $3 billion in revenue
Get ready for the ultimate roller coaster ride. Six Flags announced its merger with rival Cedar Fair on Thursday in a landmark $8 billion deal, promising to revolutionize the amusement park experience.
Buckle up for a joint operation spanning 27 amusement parks, 15 water parks and nine luxury resorts across North America.
Estimated to generate more than $3 billion in revenue, the dynamic duo aims to rev up the post-pandemic recovery for parks, tackling a dip in leisure spending.
The move follows a period of financial adversity for Six Flags, marked by a 2020 share value drop due to defaulted payments for projects in China.
Following the announcement, Six Flags stocks surged by over 6%.
