There's An Issue With The Six Flags & Cedar Fair Merger!!!
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- เผยแพร่เมื่อ 22 ม.ค. 2024
- Six Flags And Cedar Fair now face a hurdle in the merger... So, What Does this issue mean for the parks? How will this effect the parks in 2026? I share all of my thoughts & predictions with you and why I am nervous...
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Keywords: Six Flags Cedar Fair merger, World's greatest thrill rides, world's greatest roller coasters, theme parks, top 10, theme park predictions, keep ridin' coasters, Six Flags, Six Flags theme parks, Six Flags amusement Parks, Six Flags roller coasters, Cedar Fair, Cedar Fair roller coasters, Cedar Fair theme parks, Six Flags news, Six Flags stock, Cedar Fair stock, Six Flags Cedar Fair merger, Six Flags future, Cedar Fair future, North American theme parks, Cedar Fair Charlotte, North Carolina, Six Flags theme parks, Six Flags roller coasters, Six Flags Parks, Six Flags Magic Mountain, Six Flags Mexico, Six Flags Discovery Kingdom, Six Flags Great Escape, Six Flags amusement parks, Six Flags New England, Six Flags Over Texas, Six flags Over Georgia, Six Flags Fiesta Texas, Six Flags Great America, Six Flags Great Adventure, Six Flags America, Six Flags ST. Louis, Six Flags Darien Lake, Six Flags Top 10, Six Flags rankings, Ranking the best six flags parks, Six Flags ranked, Six Flags from best to worst, what is the best Six Flags Theme Park, Cedar Point, Carowinds, Kings Island, Dorney Park, Valleyfair, Michigan’s Adventure, Knott’s Berry Farm, Kings Dominion, California’s Great America, Canada’s Wonderland, Worlds of Fun, Cedar Fair, Theme Parks, Roller Coasters
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#SixFlags #CedarFair #ThemeParks - บันเทิง
This big of a deal wasn’t going to be 100% smooth sailing and I think we all knew that. With that being said this deal is still going to go through most likely.
I just hope they can get all the kinks worked out before the merger becomes official. We don’t want another “Penn Central” like debacle.
Too many people on TH-cam act like this deal was going to cause a resurgence in mega coasters and parks getting awesome additions. This was only about surviving the massive amount of debt that is due soon. No there isn't going to be Intamins coming to Cedar Fair parks, there isn't going to be B&M gigas popping up at Six Flag parks. Plan on additions that drive in park spending and some parks being sold off and older outdated rides being removed.
If the merger fails, I can only see that as a good thing for the community. Firstly, a bunch of good people would no longer be losing their jobs. That uncertainty in their lives would disappear. Next, competition would be preserved. With area parks all being controlled by the same company, I wouldn't see the need to invest in big rides to draw crowds away from the competition. It would all just sit there and age. I have no faith in a company to develop if there isn't a need to compete.
Both chains are limited in their investment by significant debts, though. Six Flags has a history of expanding too quickly, while Cedar Fair has consistently added coasters from a single expensive manufacturer. The merger and debt restructuring should moderate both tendencies while allowing stability for modest, consistent CapEx.
as someone whos home park is dorney a smaller cedar fail park i really dont want this to happen. if cedar fair alone couldn't give the smaller park investments in a reasonable time, i don't have hope that they would be able to add coasters on a reasonable time for even some of the bigger parks . this would be more than doubling cedar fairs parks and with six flags past and cedar fair neglect for some parks and also refusing to work with some of the best manufactures.
1:30 Hey, I work there!
Great ride! KI Is a great park! I miss working there as well!
It's not a curveball at all. An antitrust review is a normal part of the legal process when two major companies merge. I was definitely *not* surprised to hear this.
I hope they’ll change their minds about cedar fair and six flags merge which means they’re just going to be separated companies
I disagree. There are some parks that need some TLC cuz some of them may have been claimed to look or have been run down. I’ve heard from some people saying that Over Georgia will benefit the most with the merger since I believe not all but some enthusiasts claim that they don’t have a good time over there when visiting the park therefore basically bashing on them because of it even though being one of the most praised parks in the chain
They are merging to save money. So if they don’t merge both companies are I’m danger of losing parks and so on.
@@nancyfarkas3592 they’ll probably sell off some their low tier parks like La Ronde or Frontier City for example since those parks don’t make enough profit from them
But six flags sucks they shouldn't megre with a better company cedar fair actually takes care of there parks trust me ive been to all cedar fair parks but all the six flags one they cant even maintain there bathrooms @@nancyfarkas3592
A couple month delay isn’t going to impact much of anything. You build in stuff like this in a timeline - you’re expecting some regulatory interactions. This is a bit of a reactionary take to simple request for more information on some aspects of the deal.
Happens all the time. Not a big deal. If nothing major comes during 2026, hopefully they get 6F parks up to the CF appearance standard.
I think the parks are planning more than one or two years out, so I don’t think this will cause any disruption in park plans.
The only issue is someone didn't "grease the wheels" enough. 😉
I believe it will be 2027 before we see there exactly plan and pathway. It goes to take at least 2026 before the ducks are in a roll, and then that season, probably start creating their unified vision. Plus, that gives them three years of data as a company to start to make moves
There’s always a curve ball but I’m sure it’ll be fine in time.
I am of the opposite opinion. I hope this merger gets blocked. I don't think it is good for consumers. It will only lead to higher prices. Prices at Cedar Point skyrocketed once they bought and closed Geauga Lake and then bought Kings Island. Lack of competition is never a good thing.
This worries me. I've never been excited about the merger. That's not because I thought it would lead to a monopoly or that it would lead to tacky advertisements at Cedar Fair parks. It concerns me because large scale mergers like this usually happen in the corporate world when two companies are in financial trouble and figure that combining will result in a safer base so they can safely shed assets. This isn't like a large scale acquisition (like Disney buying 20th Century Fox) where one company is doing well and feels like it's in their best interest to own part of the competition. This is an act of desperation.
So why am I worried if I didn't like the merger? Shouldn't I be happy if it doesn't happen. Well no. Because if the merger fails it won't change the fact that both companies are in dire financial straits. It is very likely that if the merger fails now that both company's stocks will take a massive hit as their path out of insolvency will be closed. That would probably INCREASE the likelihood that they are forced to shed assets and halt any expansions. It could mean we see parks sold off, unconfirmed plans for rides canceled and a dry spell for the remaining parks.
As much as I didn't like the merger (mostly because of the circumstances that brought about the merger) I would dislike a failed merger even more.
Thank you for the update , do u like cedar fair or six flag parks more
I will say this. The part that unknown for these parks are. If Kings island for Ex is having budget issues now I can’t Inagin 2025 or 2026. Also what about. Vortex replacement. The other thing I can see happeing as well. Is more like u see in SF parks come to CF parks. I can also see stuff like Halloween haunt get turned to Fright fest. Winter fest get turned into Holiday in the park.
This is just a formality. The government has let bigger companies consolidate these past few years. A merger will 100% happen soon.
Not as much lately. They just busted the Jet Blue - Spirit merger. I doubt they let this go through without major conditions. The issue is this would greatly reduce competition in the regional theme park business, creating a new monopoly in that segment. They may allow it to go forward with sales of parks that are too close to one another (maybe within 200 miles). So Knotts and Magic Mountain would have to be split. King's Island may have to be split from Cedar Point, etc.
Ultimately the DOJ can deny it and then file an injunction. If the injunction is approved then the merger will be blocked until the outcome of a trial is determined. It would delay it by a year or more.
They also would likely have to go to shareholders as part of a deal and be clear about what parks need to be sold off, etc. That could tank the shareholders from approving it.
@FlyRick78 That merger would have eliminated Spirit's ability to set very low airfares, though. It's an ultra-low-cost-carrier - and one of the few major ones left in the industry. JetBlue offers significantly more amenities, and they'd be running the combined company. The combined airline's fares would be significantly higher than Spirit's.
Besides, theme parks offer a wider variety of attractions and services than airlines do. But like airlines, their capital and overhead costs are very expensive, and the primary purpose of the merger is restructuring debt and stabilizing their operating and CapEx costs. As long as the legacy SF / CF parks in overlapping markets are developed differently, I don't their proximity will be a major issue.
@@brianfoss571 It is not the only example of the FTC and DOJ taking more scrutiny. I doubt they allow the merger without concessions. I'd guess 4-6 parks will get sold to complete it. They can fight it, but that will drag it out and they can pocket some cash.
@FlyRick78 The other prominent example is Kroger & Albertsons, which would have involved closing 400 stores. And grocery stores offer essentially the same products. I agree that there will be some conditions, but selling 4 or 5 parks won't be necessary. As long as parks in overlapping markets are developed for different niches, they should be fine. Would not be surprised if KD has to remove Flight of Fear and relocate it to, say, Worlds of Fun so SFA has the only FoF clone in the region.
Why is the DOJ involved in a theme park deal?
I really hope kings island will still get a new coaster soon
This is absolutely normal, not a risk of anything, likely laziness with paperwork from the DOJ. Rarely ever has there been a merger where this didn’t happen at least once, if not several times. Don’t look into it much!
I kinda thought this would happen
I don’t see Cedar Fair changing much. They are the better run company that runs much better looking & themed parks. Six Flags is the is company that is making out more in my opinion.
@@wrestlingandamusementparkl7789 You haven't a clue about the each companies' finances Cedar Fair is producing record financials, paying down debt, doing 250M stock buy back, reinstated their dividend, SF is doing none of those things b/c of their poor financial results. Cedar Fair is not SF. Stop talking about something you know nothing about.
Can somebody please explain how theme parks merging to bail themselves out of financial trouble is any of the government's business
I do think the Six Flags/ Cedar Fair Merger will happen and get completed by May but I think the DOJ will require the merged company to sell some parks to other theme park operators as part of the regulatory approval of the merger.
I think this is likely. Would not be surprised if several are sold to Herschend.
I think either Knotts or Magic Mountain will have to get sold - this is a tougher choice.
I'd bet Six Flags America would get sold - they won't sell King's Dominion.
Dorney Park also would likely get sold as I don't see them selling Great Adventure.
Even though it may not be required, I do wonder if they'd keep Michigan's Adventure.
I also wonder if they would want to continue to operate the EPR parks. I wonder if they might see if Herschend would take over operations.
Could they choose to divest of the Mexico City park? That would not be involved in the DOJ stuff, but they might take the opportunity.
I also wonder if they will hasten the shutdown of Great America and move some rides to Discovery Kingdom.
CF & SF: for 2026, park improvements for all!
I don't really know what to think. I but i thinkng that it would benefit Six Flags. Cedar Fair is pretty stable i think. I do think it will happen and im hoping it benefits all parks in each chain. ❤❤❤❤❤❤❤
IAAPA cannot afford for this merger NOT to happen. These two chains constitute a huge amount of investment capitol in the outdoor amusement business. Both companies are in massive debt and to see them both fall into irreconcilable insolvency.......... We can't have this.
a bunch of top six flags execs bought millions in stock a little over a year ago. Ahead of this deal. Coincidence?
Let's hope that sanity prevails, along with competition. Keep em separated!
Such scrutiny
Brandon coming out on top with another breaking news video asap!! 👏
just because he was first does not mean he is on top. most of the time he is too worried about being first that he only gets his opinions out and not facts.
what about this video wasn't factual? I read the exact verbiage from the article. Then I gave my thoughts about it lol. Nice try though...
There's nothing breaking and he doesn't have a clue about business & finance. This is standard paperwork & inquiry as of now, nothing more.
2:28 - cmon that isn’t going to happen.
Meme: TPP next video >>> how to #SixFlags every single #CedarFair park 😁🥃🤔
Bruh six flags has ruined it i loved cedar fair they are my favorite but there.combining my favorite with the one I hate most I love cedar fair and absolutely hate six flags why they should not merge
What about six flags elite members
2026 is great americas 50th… hope they get it together by then
2025 will be the year for them to get a new coaster. It will most likely be a RMC single rail coaster like how MM and GAdv have. It’s time for GAm to join the fun
This means nothing, gov won’t stop this merger.
hate that these videos hate my home park six flags st louis, when pandemic hit, the only six flags park that remained open with limited capacity was six flags st louis while mm sat closed. it didn't make any money, this merger will kill the business completely
All they gotta do is pay off the DOJ 🤷🏻♂
wow
god i hop nothig happens to canadas wonderland its my countrys only good park in ontario
I can see them staying. But the big one will be how often do they get new things compared to the past.
I hope they incorporate dc comics into the park
Whaaat
I really hope this merger does not happen. As someone who works at a Cedar Fair park, I don't have a good feeling about this at all and there have been some things happen since this announcement that are concerning and I would be surprised if they had nothing to do with the possible merger.
-Kyle
I didn't exactly have a positive experience as a ride operator at Canada's Wonderland (despite some of my former colleagues maybe saying otherwise), so the merger does not concern me. I hope it happens as it gives me hope Intamin and RMC might come to my home park
@@AG7-MTM I don't care about RMC or Intamin being at my home park (Kings Island), I'm more worried about the way we operate changing. Last year was my first year working there and I got used to how everything worked. I would hate to see that all change for the worst.
If they not merge then the parks may be in danger of closing.
@@WeTheCoastersthat’s is gonna be a interesting thing how these parks operate
@@nancyfarkas3592 That won't happen.
THE DEPARTMENT OF JUSTICE IS CROOKED AS HELL
Yeah, it's run by Democrats, they're bad for business, and love taxes.
Brandon Haw Meny Takes Did You Need to Get That 1976 Act in One Breath LoL..
Why is it the government's business if theme parks want to merge.. if people keep voting for Democrats this type of stuff is going to happen tenfold
A merger is never good. The government should step in and stop it imo.
This is so bad for the industry as less competition means less investment as the parks won’t be competing for guest attendance.
If they prevent the merger, its proof they're tanking the economy, why? Both companies agree they need to merge to survive the longterm.
really random but i think six flags will rmc boss for 2025 : )
I hope so boss is horrible!!!!!!!!!
I could see the following parks get sold off to other operators or close down entirely such as
La Ronde
Six Flags America
Six Flags St. Louis
Six Flags Darien Lake
California's Great America
Six Flags Discovery Kingdom
Frontier City
Six Flags Mexico
Michigan's Adventure
I could also see the following parks staying:
Six Flags Great America
Six Flags Great Adventure
Six Flags Magic Mountain
Six Flags Fiesta Texas
Six Flags Over Texas
Six Flags Over Georgia
Six Flags New England
Six Flags Great Escape
Cedar Point
Kings Island
Carowinds
Knotts Berry Farm
Kings Dominion
Valleyfair
Worlds of Fun
Dorney Park
Canada's Wonderland
At Louis will be interesting as WOF is close by as well. So it’s possible they do a mizzouri pass. For America I don’t know. I could see both Darrien lake and frontier city get sold off since six flags don’t own the property they just run the day to day. Mexico I don’t know. I can see La Ronde get sold off as six flags doesn’t do much for them. Same with Michigan Adventure For CF. discovery kingdom is the questionable one as CGA is closing
You just named small crappy parks.
Those aren’t going to be barriers for a merger. IDOJ is going to be concerned about in-market competition being impacted. If the DOJ wants to impose conditions on the merger they’d more likely have to divest one of the LA-area parks and maybe one or two that serve the northeast. But most of the others aren’t really close enough to matter. Missouri as a whole doesn’t really count as a single market, neither does OKC I doubt they’d view that trio as competing with each other.
@@DanrarbcI can see the concern with the parks closer to each other like Knotts and MM. we have to see what happens
New Cedar Six is going to have to sell Knotts or MM, Great Adventure or Dorney, and KD or SFA. It’s monopolizing markets.
@@AuburnFanSince2010 Bingo. Those will be the concerns.
IMO a natural buyer for Great Adventure is United Parks. It’s got Busch Gardens written all over it. I think SFA is the one that gets sold in that other pair too, KD is just too ingrained. Don’t know who buys SFA though.
Knotts might be the one sold in LA though. It’s never really felt like a full Cedar Fair park, remaining its own thing. I could easily see that going to Herschend.
Please stop talking about something you know nothing about. These kinds of requests are normal for mergers. You know nothing about business & finance.
I never said they were not normal. I am just sharing my thoughts is all. I am allowed to do that - correct? :)
It's not going to happen. This will scare away SFs shareholders and it won't happen. I kept telling people it's this merger it's 100% when it was talked about.
Corrrupt DOJ.
Oh great... Activision/Blizzard all over again.
This worries me. I've never been excited about the merger. That's not because I thought it would lead to a monopoly or that it would lead to tacky advertisements at Cedar Fair parks. It concerns me because large scale mergers like this usually happen in the corporate world when two companies are in financial trouble and figure that combining will result in a safer base so they can safely shed assets. This isn't like a large scale acquisition (like Disney buying 20th Century Fox) where one company is doing well and feels like it's in their best interest to own part of the competition. This is an act of desperation.
So why am I worried if I didn't like the merger? Shouldn't I be happy if it doesn't happen. Well no. Because if the merger fails it won't change the fact that both companies are in dire financial straits. It is very likely that if the merger fails now that both company's stocks will take a massive hit as their path out of insolvency will be closed. That would probably INCREASE the likelihood that they are forced to shed assets and halt any expansions. It could mean we see parks sold off, unconfirmed plans for rides canceled and a dry spell for the remaining parks.
As much as I didn't like the merger (mostly because of the circumstances that brought about the merger) I would dislike a failed merger even more.