The combined company's portfolio now comprises 42 theme parks, water parks, and resort properties across the US, as well as Canada and Mexico. “This marks a significant milestone for our company, shareholders, guests and associates, unlocking higher value and greater opportunities to deliver engaging entertainment experiences,” said Richard Zimmerman, president and CEO Six Flags Entertainment Corporation. “Our merger establishes a new Six Flags Entertainment Corporation with a highly diversified footprint and robust operating model, enhancing park offerings and performance though the complementary portfolio of attractive assets and intellectual property from each of Cedar Fair and the former Six Flags.”
Selim Bassoul, executive chairman of the board of directors of Six Flags Entertainment Corporation said: “We believe that by combining the best ideas and most successful entertainment practices of both Six Flags and Cedar Fair, the new Six Flags can deliver a superior level of joy and excitement that has yet to be experienced by regional park guests. We are excited to unite the Cedar Fair and Six Flags teams to capitalise on the tremendous growth opportunities and operational efficiencies of our more extensive entertainment portfolio.”
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