Reports: Cedar Fair and Six Flags in talks to merge, may be announced this week

(WCPO) Cedar Fair, the parent company of Cedar Point, and Six Flags are in merger talks, according to reports by Reuters and the Wall Street Journal.

Both publications report that an announcement about combining the companies could come as early as this week.

Reuters, which first reported about the talks, says the companies have flirted with a deal in the past, citing talks that occurred in 2019. The news outlet says an announcement could come when Cedar Fair reports its earnings on Thursday.

Cedar Fair owns 11 amusement parks including King’s Island, Cedar Point, Canada’s Wonderland, Knott’s Berry Farm, and Michigan’s Adventure.

Six Flags currently has 27 parks, including Six Flags Great America outside Chicago. They are currently building Six Flags Qiddiya in Saudi Arabia, which will be home to Falcon’s Flight, a ride that is said to be the world’s faster, tallest, and longest roller coaster, as well as the first to top 500 feet in height, once it is completed.