SeaWorld-Cedar Fair Merger?

SeaWorld Makes $3.4 Billion Takeover Bid for Cedar Fair

SeaWorld Entertainment Inc. has offered to buy amusement park owner Cedar Fair for around $3.4 billion, people with knowledge of the matter said.

Well this is interesting.

Deliberations are ongoing, and it’s unclear whether the approach will lead to a transaction, the people said.

Cedar Fair confirmed in a statement that it had received and was reviewing an “unsolicited, non-binding” proposal from SeaWorld.

I don’t really think it’ll happen, but it’d be interesting to see what would come of it if it did happen. I highly doubt all the Cedar Fair parks would be rebranded to SeaWorld or Busch Gardens, and it’s likely that a lot of the lower tier Cedar Fair parks would be sold off to recoup their investment.

It’s kinda like Six Flags tried to buy Cedar Fair for $1 billion in 2019, but their offer was rejected for being too low. This is much higher, and SeaWorld is doing really well while Cedar Fair has been struggling recently. So it’ll be interesting to see what happens

• This topic was modified 2 years, 2 months ago by Ryder_the_Great.
• This topic was modified 2 years, 2 months ago by WeareChaoS.