Cedar Fair and Six Flags are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.
The combined company will boast 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico.
Six Flags and Cedar Fair, which have little geographical overlap, anticipate $120 million in cost savings within two years of closing the deal.
Political Cartoons View All 1230 ImagesThe company's newly formed board will include six directors from Cedar Fair and six directors from Six Flags.
The new, combined company will be headquartered in Charlotte, North Carolina, and will keep significant finance and administrative operations in Sandusky, Ohio, where Cedar Fair is based.
Organizations:
Six, Cedar Fair, New York Stock Exchange, Six Flags Entertainment Corp
Locations:
U.S, Canada, Mexico, Charlotte , North Carolina, Sandusky , Ohio, Arlington , Texas