SeaWorld Acquisition of Cedar Fair Falls Through

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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.