The estimated value of the merged company, Six Flags Entertainment Corporation and Cedar Fair Entertainment Company, is $8 billion. The merger brings together the strengths of both companies and forms the largest amusement park operator in North America, with a combined portfolio of 42 parks across the U.S., Canada, and Mexico.
The new combined company, Six Flags Entertainment Corporation, operates a total of 42 parks, including amusement parks, water parks, and resort properties across the U.S., Canada, and Mexico.
Richard Zimmerman, the president and CEO of Cedar Fair, will continue his role in the new combined company, while Selim Bassoul, the president and CEO of Six Flags, will become the executive chairman of its Board of Directors4.