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US amusement park operators Cedar Fair, Six Flags in merger talks


Reuters was first to report that US amusement park operators Cedar Fair and Six Flags are in merger talks. A tie-up would help the companies weather a potential economic slowdown. Shares of Cedar Fair and Six Flags rose as much as 9% and 17%.  

Market Impact

A tie-up between the two companies would come as concerns about a U.S. economic slowdown and consumers curbing their discretionary spending have weighed on their stock performance. Merging would allow them to weather a slowdown from a stronger position.

Article Tags

Topics of Interest: Deals

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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