SeaWorld Acquisition of Cedar Fair Falls Through
According to a press release sent out by SeaWorld Entertainment today, the proposed SeaWorld acquisition of Cedar Fair is NOT happening.
Here is what the short press release read:
In response to inquiries from various stakeholders, we confirm that our offer to acquire Cedar Fair was rejected. Unfortunately, we do not see a path to a transaction.
SeaWorld reportedly offered to buy the company for around $3.4 billion, about $60 per unit in cash, according to Bloomberg. Back in 2019, Six Flags had offered to acquire Cedar Fair for around $4 billion back in 2019, that deal also fell through.
As always, be sure to follow ThrillGeek on Twitter for the latest updates from SeaWorld and Cedar Fair.
Clint Gamache is the owner of ThrillGeek. He started ThrillGeek to share his love of theme/amusement parks and pop culture with the world. You can find him at Halloween Horror Nights. Also, be sure to follow him on Twitter/X, Instagram @iamcg83
