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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Cedar Fair LP | NYSE:FUN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.16 | 5.29% | 43.00 | 44.87 | 39.32 | 40.92 | 744,351 | 01:00:00 |
From Nov 2023 to May 2024
By Will Feuer
Six Flags and Cedar Fair said the Justice Department is requesting more information about their planned merger.
The companies disclosed the so-called second request in a securities filing. Cedar Fair and Six Flags said they will try to comply with the request by May 2.
Six Flags and Cedar Fair agreed late last year to merge in a roughly $2 billion all-stock deal that would form a new regional theme-park company with a national footprint. The two companies' parks have little geographic overlap, but both have parks near Los Angeles and San Francisco.
Executives from both companies have suggested that they would use their newfound scale to roll out a subscription pass that offers access to all or multiple of the chain's parks. Executives say that would help them compete against bigger rivals like Disney and Comcast's Universal, as well as other at-home entertainment offerings like video games and streaming.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 23, 2024 06:45 ET (11:45 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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