USA: Six Flags Submits Takeover Bid for Cedar Fair

According to the Reuters news agency, the Six Flags group has recently submitted a takeover bid to Cedar Fair, another regional operating group also based in the US. The information source is confidential, but Cedar Fair would be in the process of reviewing the offer. If the two companies were to merge, two of North America’s largest regional park operators would join forces: Six Flags currently operates 26 leisure & water parks in the USA, Mexico & Canada, the group’s market capitalization reaches around 4.3 billion USD (approx. 3.9 billion EUR). Cedar Fair’s portfolio currently includes eleven amusement parks and five water parks in North America, giving the group a market capitalization of around 3.36 billion USD (approx. 3 billion EUR). (eap)