Six Flags, Cedar Fair Strike Big Theme-Park Merger

Six Flags and Cedar Fair are joining forces in a roughly $2 billion all-stock deal to form a powerhouse in the regional theme-park industry. 

Six Flags shareholders will receive 0.58 share of common stock in the new company for each share they own, company executives told The Wall Street Journal. Cedar Fair unit holders will receive one share for each unit they own. The company is structured as a master limited partnership.