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Cedar Point is about to have a new owner. The amusement park's parent company is expected to combine with Six Flags today. ... will form one of the largest theme park businesses in North America ...
The combined portfolio of Cedar Fair and Six Flags includes 27 amusement parks and 15 water parks in the United States, Canada and Mexico that attract 48 million visitors a year.
The company was founded with the purpose of expanding the resort commercially. An economic depression in the 1890s threatened the resort's future, however. A newly formed business, Cedar Point Pleasure Resort Company of Indiana led by George Arthur Boeckling, purchased Cedar Point for $256,000 in 1897. It was later reorganized as the G.A ...
Two of the country's largest regional amusement park firms — Sandusky-based Cedar Fair Entertainment Co. and Six Flags Entertainment Corp., based in Texas — are merging into a combined company ...
Cedar Fair Entertainment Company, or simply Cedar Fair, was an American company headquartered at its flagship Cedar Point amusement park in Sandusky, Ohio, United States.. The company was a publicly traded master limited partnership that originally formed in 1983 following Cedar Point's acquisition of Valleyfair, in which the name of both parks were combined to form the name Cedar Fa
It is the oldest ride in the park. In 1978 in an effort to increase investment capital for continued park expansion, Valleyfair was acquired by Cedar Point in Sandusky, Ohio. Five years later, Cedar Fair Limited Partnership was formed as the parent company for Cedar Point and Valleyfair (the name being derived from the names of both properties ...
Jefferies analyst David Katz initiated coverage on Six Flags Entertainment Corporation (NYSE:FUN) with a Buy rating and a price target of $59.00. The analyst writes that the merger of Six Flags ...
Cedar Point also removed WildCat for the 2012 season to make room for Luminosity. [57] This was the first time since 1978 that a roller coaster was removed from Cedar Point. [27] Cedar Point's renovated entrance for 2013, featuring GateKeeper. On July 13, 2012, Cedar Point announced the removal of Disaster Transport and Space Spiral. [58]