Cedar Fair, Six Flags announce anticipated closing date of mergers

Cedar Fair (FUN) and Six Flags Entertainment (SIX) announced that they notified the New York Stock Exchange that the closing of Cedar Fair and Six Flags’ previously announced merger of equals is expected to occur on July 1, 2024. 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 conditions. Six Flags additionally announced that its Board of Directors has declared a special dividend of $1.53 per share of Six Flags common stock. The dividend is payable on July 1, 2024 to stockholders of record of Six Flags as of June 28, 2024 who hold their shares through the closing of the Mergers. The special dividend is conditioned on the closing of the Mergers and is being declared in accordance with the terms of the merger agreement.