Information Provided By: 
Fly News Breaks for October 3, 2019
FUN, SIX
Oct 3, 2019 | 08:25 EDT
Commenting on Reuters' report that Six Flags (SIX) has approach Cedar Fair (FUN) with a cash-and-stock merger offer, KeyBanc analyst Brett Andress says that on paper, the transaction makes strategic sense, forming a regional behemoth with 30-plus parks and ample cost synergy potential. However, the analyst struggles with the timing, and the late-cycle pro forma leverage profile. Further, he sees potential complexities evolving from Cedar Fair's existing MLP structure, possible antitrust concerns, and perceived cultural differences.
News For SIX;FUN From the Last 2 Days
There are no results for your query SIX;FUN
