Entertainment

Six Flags to merge with Carowinds' parent company, open new HQ in Charlotte

WCNC Charlotte reports Cedar Fair, the company that owns Carowinds, will merge with Six Flags Entertainment Corporation, the company announced Thursday.
Posted 2023-11-02T14:24:38+00:00 - Updated 2023-11-02T14:30:24+00:00

WCNC Charlotte reports Cedar Fair, the company that owns Carowinds, will merge with Six Flags Entertainment Corporation, the company announced Thursday.

The merger will bring a new Six Flags' headquarters to the Queen City.

The combined company will be comprised of 42 amusement parks and nine resort properties across the U.S., Mexico and Canada.

“Our merger with Six Flags will bring together two of North America’s iconic amusement park companies to establish a highly diversified footprint and a more robust operating model to enhance park offerings and performance,” said Richard Zimmerman, President and Chief Executive Officer of Cedar Fair. “Together, we will have an expanded and complementary portfolio of attractive assets and intellectual property to deliver engaging entertainment experiences for guests."

The merger is expected to close in the first half of 2024, following receipt of Six Flags shareholder approval.

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