Merger Analysis:
Six Flags & Cedar Fair
(NYSE: SIX & NYSE: FUN)
Announcement: “Six Flags and Cedar Fair are joining forces in a roughly $2 billion all-stock deal to form a powerhouse in the regional theme park industry.”
-Thomas, Lauren and Feuer, Will. Six Flags, Cedar Fair Strike Big Theme-Park Merger. Wall Street Journal. November 2, 2023.
Analysis Conducted:
Company Overview
Strategic Positioning
Stock Performance
Joint Venture —> Horizontal Integration
Synergies
Risk
Reactions
Items for consideration
Six Flags, a leading name in the entertainment and theme park industry, is joining forces with Cedar Fair to create a formidable company capable of competing with major U.S. theme parks. This merger will leverage Cedar Fair's renowned customer service and Six Flags' innovative brand to generate significant synergies. A thorough assessment of this merger indicates a confident outlook for the future of the combined entity - FUN (NYSE).
