Six Flags Shareholders approve merger
Six Flags Shareholders approve merger
The Six Flags shareholders have approved the merger of Cedar Fair and Six Flags. Cedar Fair unit holders do not need to vote. The merger is currently under review by the DOJ.
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Shame Cedar Fair sold Great America in California before this merge could be approved.
I don't know if much would have changed. There is also the possibility that the merger keeps the park alive. Still a ton of unknowns. I am personally still hoping that the merger gets blocked but even if it doesn't get blocked there is a strong possibility that the combined company will be forced to divest some of their parks so the sale of CAGA could actually be an advantage to the merger.
Regardless of what happens to the merger I hope that CAGA does get saved. I would honestly like to see the local government take over ownership and maybe even operations but I could also see it being a park ripe for Palace to purchase.