Welcome to the New
Six Flags Entertainment Corporation!
We are thrilled to announce that Cedar Fair Entertainment Company and Six Flags Entertainment Corporation completed their merger on July 1, 2024, creating the largest and most diverse amusement park operator in North America. Our combined company now operates under the Six Flags name and trades under the ticker symbol FUN on the NYSE.
Unmatched Scale and Reach
We are now poised to deliver our guests unparalleled fun, excitement and memories that last a lifetime. The new Six Flags boasts an impressive portfolio of 42 parks, including some of the most beloved amusement parks and water parks in the United States, Canada and Mexico. This extensive network allows us to reach more guests than ever before, offering unique and immersive experiences that cater to all ages and entertainment preferences.
Enhanced Guest Experience
The merger brings together the strengths of both companies, combining Cedar Fair’s reputation for delivering exceptional guest experiences with Six Flags’ innovative ride and attraction designs. Our enhanced financial flexibility will enable us to invest in new rides, attractions, food and beverage options, and state-of-the-art consumer technologies. These investments are designed to grow attendance, increase per capita spending and enhance profitability, ensuring that each visit to our parks is more exciting and memorable than the last.
Leadership and Governance
The combined company will be led by a proven management team featuring executives from both Cedar Fair and Six Flags. Richard Zimmerman, president and CEO of Cedar Fair, serves as the president and CEO of the combined company, while Selim Bassoul, president and CEO of Six Flags, serves as executive chairman of the Board of Directors. Our leadership team is committed to integrating the best practices of both organizations to create a unified vision for the future. We intend to combine the best aspects of Cedar Fair and Six Flags to ensure we are delivering the best possible experience to our guests every visit.
Corporate Headquarters
Our corporate headquarters is located in Charlotte, North Carolina, with significant finance and administrative operations maintained in Sandusky, Ohio. This strategic positioning will help us leverage the strengths of both locations to support our expansive operations and growth initiatives.
Future Growth and Financial Strength
With an anticipated pro-forma enterprise value of approximately $8 billion, the new Six Flags is well positioned for future growth. We are committed to maximizing shareholder returns through strategic capital allocation and achieving targeted net leverage ratios. Our enhanced free cash flow will support ongoing investments in our parks, ensuring continuous improvement and innovation.
Join Us for a New Era of Fun
As we embark on this exciting new chapter, we invite you to join us at our parks to experience the magic and thrill of the new Six Flags Entertainment Company. Whether you are a longtime fan or a first-time visitor, we promise to deliver unforgettable moments filled with laughter, adventure and joy.
Stay tuned for more updates and get ready to make new memories at one – or all – of our 42 parks!