The merger between North America’s largest theme park companies, Six Flags and Cedar Fair, is set to create a new $8 billion combined company. This significant move will bring together dozens of theme parks, water parks, and resort properties across the U.S., Canada, and Mexico.
The merger is expected to be finalized on Monday, with Six Flags President and CEO Selim Bassoul expressing excitement about the opportunity to offer guests unique and thrilling experiences at their parks. Cedar Fair President and CEO Richard Zimmerman emphasized the importance of the merger in enhancing financial flexibility to invest in new rides, attractions, and technologies to improve guest experience.
Under the new leadership structure, Zimmerman will serve as president and CEO of the merged company while Bassoul will become the executive chairman of the board of directors. Guests can expect enhancements and improvements in their parks following the merger, including more exciting and memorable experiences that are sure to leave them wanting more.
Both Six Flags and Cedar Fair have been major players in the industry for many years, with Six Flags operating in 11 states across North America as well as Montreal and Mexico City. Cedar Fair has locations in nine states across North America as well as Toronto area hotels.
This merger is a significant development for both companies but also for their customers who can expect an improved experience when visiting these popular theme parks.
Overall this merger is a major step forward for both companies that will allow them to grow further by bringing together some of their most iconic properties under one roof. With a larger budget for investments in new rides, attractions and technologies they can continue to deliver unforgettable experiences for their guests.
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