Six Flags Makes Bid to Acquire Cedar Fair

[KDkid2]

A Cedar Fair/Six Flags Entertainment combination could be a real roller coaster ride

Reuters reports that Six Flags has approached Sandusky-based Cedar Fair about a merger, but analysts expressed some initial doubts about the value of putting the big amusement park operators together. Plus, Cleveland is No. 10 in a Chicago firm's ranking of 'tech ecosystems' in Midwestern...

www.crainscleveland.com

Another article on this

 

[Mushroom]

Praying this report is accurate.

Analysts Splash Water On Six Flags, Cedar Fair Theme Park Merger Idea

Investors in two large American theme park operators may be in for an interesting ride. Reuters said Wednesday that Six Flags is seeking the merger in a bid to expand its size and ticket pricing power, though with the caveat that there’s no certainty the cash-and-stock deal will be reached.

finance.yahoo.com

 

[Crunchewy]

Praying this report is accurate.

Analysts Splash Water On Six Flags, Cedar Fair Theme Park Merger Idea

Investors in two large American theme park operators may be in for an interesting ride. Reuters said Wednesday that Six Flags is seeking the merger in a bid to expand its size and ticket pricing power, though with the caveat that there’s no certainty the cash-and-stock deal will be reached.

finance.yahoo.com

That report being accurate only means that investors are not impressed with the idea, not that it's not going to happen. So, yeah, I'm sure that article is accurate.

 

[b.mac]

Cedar Fair turned the offer down. SF wanted to buy all shares at $70 a pop.

No Six Flags Cedar Point, yet.

They're probably going to go after Parques next.

 

[mtorange]

Cedar Fair turned the offer down. SF wanted to buy all shares at $70 a pop.

No Six Flags Cedar Point, yet.

They're probably going to go after Parques next.

WOOHOO! Great news!

Here’s an article with more info.

Cedar Fair turns away Six Flags

Cedar Fair (FUN -2.8%) turned down a $4B cash-and-stock offer from Six Flags Entertainment (SIX +2.2%), sources tell Reuters.

seekingalpha.com

 

[b.mac]

What was missed was that CF execs were offered positions with the new combined company as apart of the deal.

The only reason this deal didn't take off was because CF felt it wasn't enough to compensate their shareholders.

I would not be surprised if there's a counter offer in the future for a few parks from the Cedar Fair chain.

 

[Crunchewy]

On the other hand I was looking forward to getting a season pass for $58 that would let me get into and get free parking at all SF and CF parks....

 

[Mushroom]

I don’t think it would have stayed that cheap with 11 additional parks and a near monopoly on the regional park industry.

 

[b.mac]

I don’t think it would have stayed that cheap with 11 additional parks and a near monopoly on the regional park industry.

Even at Cedar Fair plat pass prices, 37 parks around the country for the low hundos is a riot of a steal.