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The latest announcement is out from Six Flags (SIX).
On July 1, 2024, Six Flags Entertainment Corporation, previously known as Former Six Flags, finalized a major merger with Cedar Fair, resulting in the termination of their earlier Cooperation Agreement and the repayment and cancellation of various credit obligations. The merger led to the conversion of existing stocks into shares of the new entity, HoldCo Common Stock, with specific exchange ratios and a special dividend for Former Six Flags stockholders. Following the Mergers, the newly named Six Flags Entertainment Corporation began trading on the NYSE under the ticker “FUN” and assumed all previous obligations of Former Six Flags, including debt securities and guarantees.
See more insights into SIX stock on TipRanks’ Stock Analysis page.
