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Wall Street is not reacting well to all this bad news

Image: Six Flags

Sadly, Six Flags' stock took an immediate plunge Thursday after the amusement park chain's report, with shares opening 20 percent lower than the previous day, and then plunging as much as 37% during the day. And unfortunately, things are not looking like they are rebounding in the near future. However, an old rumor has resurfaced about the future of Six Flags as a whole...

Could a Cedar Fair merger be back on the table?

Image: Cedar Fair

Late last year it was reported that Six Flags Entertainment was making an offer to buy Cedar Fair in a massive deal said to be valued at $4 Billion. Of course, that deal never came to pass, but a lot has changed since this rumor first appeared, with results at Cedar Fair not exactly impressing in 2019 either. 

And since things at Cedar Fair aren't as dire as they are at Six Flags, some have speculated that Cedar Fair could return to the negotiating table, this time as the one making the buyout offer for Six Flags. 

Image: Six Flags

Though things look bad right now for Six Flags, it's not quite past the point of no return. SeaWorld has famously made a big comeback since taking massive attendance and revenue hits in the wake of several scandals at the beginning of the last decade, and its not unreasonable to think that Six Flags can do the same. Of course, Six Flags has a LOT more parks than SeaWorld, and their plans for international expansion are far more substantial, but hopefully with new leadership on the way, Six Flags can work on bringing more guests to their parks, raising revenue, and getting back on track, long-term. 

 

 
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Comments

It’s to god damn expensive for what you get. They sold WAY TO MANY season passes so it’s literally impossible to get through the tiny parks in 1 day. They SHORT STAFF so it could be 1-1.5 hours waiting in lines JUST TO EAT their over priced food! LET Cedar Fair buy them... at least they spend the payroll to staff their parks

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