New Dawn for Theme Park Industry: Cedar Fair and Six Flags Merge to Create $8 Billion Company

Cedar Fair and Six Flags, two of the largest theme park companies in North America, are set to merge, creating a new combined company that will be a major player in the industry. The merger is expected to be finalized on Monday, forming a company worth an estimated $8 billion.

The new company will operate under the name Six Flags Entertainment Corporation. Both companies have expressed excitement about the merger, highlighting the opportunity to offer guests unique and thrilling experiences at their parks.

Selim Bassoul, President and CEO of Six Flags, emphasized the importance of bringing together theme parks, water parks, and resort properties across the U.S., Canada, and Mexico to enhance financial flexibility to invest in new rides, attractions, and technologies to improve guest experience.

Richard Zimmerman, President and CEO of Cedar Fair, 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 to see enhancements and improvements in their favorite parks and attractions following the merger.