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Looking to make a bigger splash than a killer whale in a bathtub, SeaWorld Entertainment (NYSE: SEAS) reportedly made a $3.4 billion offer to snap up regional amusement park operator Cedar Fair (NYSE: FUN) this week. Bloomberg broke the story, and Cedar Fair is reportedl...
M&A headlines and earnings reports provided the main fuel for trading in Tuesday's midday action. Cedar Fair (NYSE:FUN) rallied on reports that it has received a merger offer from fellow theme-park operator SeaWorld Entertainment (NYSE:SEAS). New York Times (NYSE:NYT) also rose in the wak...
Cedar Fair (NYSE:FUN) confirmed that it has received an unsolicited non-binding proposal from SeaWorld Entertainment (NYSE:SEAS). The company says its board of directors will carefully review and consider the proposal to determine the course of action that it believes is in the best interest ...
Theme park stocks went for a roller coaster ride in morning trading on a report that SeaWorld Entertainment (SEAS -1.6%) made a $3.4B takeover offer for Cedar Fair (FUN +10.8%). Bloomberg reports the bid for FUN was at $60 per unit. Sources indicate the companies are currently working togethe...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The global pandemic that began in 2020 triggered a number of long-term trends. Working from home, remote learning and the surprise return to growth for the global PC industry are a few examples. Lockdowns and then wariness ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Ah, the joys of the content publication stream! During the time that this story about potential entertainment stocks jumping higher due to consumers wanting out of coronavirus-related restrictions was initially researched, ...
Travel and leisure stocks are higher as more governments move away from strict lockdown options to control the spread of Omicron. Investors also appear to be more confident that Omicron's rapid spread will not interrupt economic growth very far into 2022. Hyatt Hotels (H +5.2%), Marriott Inte...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips First making headlines just after Thanksgiving , the omicron coronavirus variant threw markets for a loop late last month. Re-opening stocks in particular saw sharp declines, which were not helped by hawkish remarks from...
Credit Suisse calls out a compelling risk-reward profile on Six Flags Entertainment (NYSE:SIX) as it sees a fresh start for the theme park operator under a new CEO. Analyst Benjamin Chaiken thinks the pendulum has swung the other way following the recent selloff. "We have also had concerns ar...
Theme park operator Six Flags Entertainment (NYSE:SIX) rose 2.5% after top holder H Partners Management increased it stake. H Partners now holds a 10.4% stake, up from 9.2% in its previous filing. The investor purchased 1M shares between Nov. 16 and December 13, according to its la...
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2024-07-07 07:30:00 ET Shares of amusement park company Six Flags Entertainment (NYSE: SIX) jumped 30.2% in June, according to data from S&P Global Market Intelligence . However, as of July 1, Six Flags completed its merger with Cedar Fair Entertainment (NYSE: FUN) a...
Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of water parks in North America, is redefining virtual entertainment by launching its highly anticipated metaverse experience on Roblox, the global immersive platform f...
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 th...