SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”) today announced that the regulatory conditions for their previously announced merger of equals (the “Mergers”) have been satisfied, permitting the companies to proceed with the closing of the Mergers (the “Closing”). The parties expect Closing to occur on July 1, 2024, following the satisfaction of remaining customary closing conditions. Immediately following the Closing, the combined company will be renamed “Six Flags Entertainment ...
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SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) today announced that pursuant to the terms of the previously completed consent solicitation (the “Consent Solicitation”) with respect to certain proposed amendments (the “Proposed Amendments”) to the indentures (the “Indentures”) governing its 5.375% Senior Notes due 2027 (the “2027 Notes”), 5.250% Senior Notes due 2029 (the “2029 Notes”), 5.500% Senior Secured Notes due 2025 (the “2025 Notes”) and 6.500% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the 2029 Notes and the 2025 Notes, the...
SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”), today announced the senior management team that will lead the combined company following the completion of their previously announced merger of equals (the “Mergers”). As previously announced, upon closing of the transaction, Richard Zimmerman, President and Chief Executive Officer of Cedar Fair, will serve as President and Chief Executive Officer of the combined company and Selim Bassoul, President and Chief Executive Officer of ...
SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”), today announced that they notified the New York Stock Exchange (“NYSE”) that the closing of Cedar Fair and Six Flags’ previously announced merger of equals (the “Mergers”) is expected to occur on July 1, 2024 (the “Expected Closing Date”). The completion of the Mergers is subject to the satisfaction or waiver of a number of conditions set forth in the merger agreement relating to the Mergers, including the satisfaction of regulatory...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced financial results for its first quarter ended March 31, 2024, which included a planned extra week compared to the first quarter of 2023 due to a fiscal calendar shift. To provide more informative comparisons, results for the first quarter of 2024 are also compared on a same-week basis with the three months ended April 2, 2023. Highlights: First Quarter of 2024 Compared to First Quarter of 2023 44 net fewer operating ...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, today announced it has entered into new credit facilities (the “New Credit Facilities”), comprising of a 7-year $1.0 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028. Cedar Fair is using the proceeds from the new term loan and cash on hand to fund the previously announced redemption of all of its outstanding $1.0 billion 5.500% Senior Secured Notes due in May 2025 on...
SCHLITTERBAHN NEW BRAUNFELS WATERPARK TO OPEN NEW CHILDREN’S AREA FEATURING THE WORLD’S FIRST WATER COASTER FOR KIDS Schatze’s Storybrook Park opens this Saturday, April 27 New Braunfels, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Schlitterbahn New Braunfels Waterpark opens the new Schatze’s Storybrook Park, the most highly anticipated new attraction at the park in over a decade, on Saturday, April 27. The new attraction features the world’s first water coaster for kids and three mini lands that include six new slides, a giant 1,200-gallon tipping bucket, and more than 70 interactive wat...
NEW PHOTOS/VIDEO & FREE SATELLITE FEED AVAILABLE: Northeast’s First Dive Coaster Ready to Thrill at Dorney Park & Wildwater Kingdom Media Event scheduled for Wednesday morning Allentown, PA, April 17, 2024 (GLOBE NEWSWIRE) -- Northeast’s First Dive Coaster Ready to Thrill at Dorney Park & Wildwater Kingdom Preseason Preview Days Highlight First Month of Operation for Iron Menace (ALLENTOWN, PA) April 17, 2024 – Dorney Park & Wildwater Kingdom is diving into a new era of thrills with the official opening of the Northeast’s first dive roller coaster Iron Menace. Park officials ...
Moody's Ratings (Moody's) upgraded Cedar Fair, L.P.'s (Cedar Fair) corporate family rating (CFR) to B1 from B2 and probability of default rating (PDR) to B1-PD from B2-PD. The company's senior unsecured notes rated B3 and senior secured notes rated Ba2 are unchanged. All of the aforementioned credit...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, together with its wholly owned subsidiaries as co-issuers (together with the Company, the “Co-Issuers”), today announced that it has delivered a notice of conditional full redemption (the “Notice”) to holders of its 5.500% Senior Secured Notes due 2025 (the “2025 Secured Notes”). The Notice calls for the redemption of all of the outstanding $1.0 billion aggregate principal amount of the 2025 Secured Notes (the "Redemption") on May 2, 20...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2024 first-quarter financial results in the pre-market hours of Thursday, May 9, 2024. Later that morning, Cedar Fair management will host a conference call with the investment community, starting at 10 a.m. EDT, to provide additional details regarding 2024 first-quarter results and discuss the Company’s business outlook. Participants on the call will include Cedar Fair CEO Richard Zimmerman, CFO Brian With...
ValleyScare is Back from the Dead! Valleyfair is Bringing Back Minnesota’s Largest Halloween Event This Year Shakopee, MN, April 02, 2024 (GLOBE NEWSWIRE) -- Officials at Valleyfair today announced the return of ValleyScare, Minnesota’s largest Halloween event, with an expanded lineup of thrills and chills to welcome in the bewitching season this fall. ValleyScare will be more intense than ever, offering six immersive haunted mazes, including three new creepy mazes, three redesigned frightening scare zones, tons of eerie entertainment, and delectable Halloween-inspired food and bevera...
Dorney Park & Wildwater Kingdom to Host Iron Menace Ride for a Cause Event to Benefit Eagles Autism Foundation April 19th event offers chance to ride new roller coaster and special appearances Allentown, PA, March 28, 2024 (GLOBE NEWSWIRE) -- March 27, 2024 – Dorney Park & Wildwater Kingdom will make history as the Northeast’s first dive roller coaster Iron Menace makes its debut this spring. Now the park is offering guests, roller coaster enthusiasts, and football fans the chance to be part of that history while supporting a great cause. Dorney Park is hosting an Iron Menace Ride for a...
VIDEO: Dorney Park Releases First Official ON RIDE Point of View Video from New Iron Menace Roller Coaster Dive Roller Coaster Boasts 95-Degree Drop, 4 Inversions Allentown, PA, March 25, 2024 (GLOBE NEWSWIRE) -- ALLENTOWN, PA (March 25, 2024) – The Northeast’s highly anticipated, first-ever dive roller coaster Iron Menace is on the move and cameras are already capturing some of the dynamic testing underway at the Allentown, Pennsylvania amusement park. This morning the park released the first official on ride point of view video. It shows one of the 21-seat trains diving down the 1...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, announced today that its 2023 tax packages, including Schedule K-1, are now available online and may be accessed through Cedar Fair’s website at under the Unitholder Resources tab and the K-1 Tax Package Support webpage . The Company expects to complete the postal mailing of its 2023 Cedar Fair tax packages by Friday March 8, 2024. For additional information, unitholders may call the K-1 Tax Package Support Team on weekdays between 9 a.m. and 6 p.m. ...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced its 2023 fourth-quarter and full-year results, ended Dec. 31, 2023. 2023 Fourth-Quarter Highlights Net revenues totaled a record $371 million, an increase of 1%, or $5 million, compared with Q4-2022. The Company recorded a net loss of $10 million compared with net income of $12 million in Q4-2022. The decrease was due primarily to $17 million of transaction costs related to the proposed merger with Six Flags. A...
Valleyfair to Hire 1,600 Seasonal Associates for 2024 Season Week-long hiring event February 17-24 to fill wide variety of roles Shakopee, MN, Feb. 13, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Media Contact:Melissa FerlaakCell: 952-463-5932 Valleyfair to Hire 1,600 Seasonal Associates for 2024 Season Week-long hiring event February 17-24 to fill wide variety of roles Shakopee, MN (February 13, 2024) – Valleyfair, the region’s premier amusement park, today said it plans to hire more than 1,600 seasonal associates as it prepares t...
SANDUSKY, Ohio--(BUSINESS WIRE)-- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2023 fourth-quarter and full-year financial results in the pre-market hours of Thursday, Feb. 15, 2024. Later that morning, Cedar Fair management will host a conference call with the investment community, starting at 10 a.m. EST, to provide additional details regarding 2023 results and discuss the Company’s business outlook. Participants on the call will include Cedar Fair CEO Richard Zimmerman, CFO Brian W...
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