November 02, 2023
Weil is advising Cedar Fair, L.P. (NYSE: FUN) in its definitive merger agreement with Six Flags Entertainment Corporation (NYSE: SIX) to combine in a merger of equals transaction, creating a combined company with a pro forma enterprise value of approximately $8 billion.
Upon closing of the transaction, Richard Zimmerman, President and Chief Executive Officer of Cedar Fair, will serve as President and Chief Executive Officer of the combined company and Selim Bassoul, President and Chief Executive Officer of Six Flags, will serve as Executive Chairman of the combined company’s Board of Directors. The combined company will operate under the name Six Flags.
“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.
The Weil team is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Matthew Gilroy and associates Brandon Nesfield, Dorothy Coco, Gabriel Rosen, Zain Syedain and Julia Malave; Tax Co-Head Joseph Pari, partner David Levy and associate Adam Romig; global Antitrust/Competition Chair Steven Newborn and Antitrust/Competition partner Megan Granger, counsel Carla Hine and Kristin Sanford and associates Joon Cho, Dan Nobil, Nicole Payne and Kate Buggs; Global Finance practice head Daniel Dokos and Banking & Finance partner Jessie Chiang and associate Avi Tennenberg; Capital Markets partners Frank Adams and Michael Stein and associates Joe Viscomi, Tiara Bond and Yuki Zhang; Executive Compensation & Benefits head Paul Wessel and partner Regina Readling and associate Jacob Oksman; Employment Litigation counsel Rebecca Sivitz and associate Elizabeth Casey; Public Company Advisory Group Co-Head Lyuba Goltser, counsel Steven Bentsianov and associate Rachel Alpert; Technology & IP Transactions Co-Head Jeffrey Osterman and associates Audrey Nicolson and Amy Montoya; Privacy & Cybersecurity partner Olivia Greer and associates Dominic Farchione, Amanda DeMasi and Tamsin Kantor; Environmental Head Annemargaret Connolly, counsel Matthew Morton and associate Kami McFarland; Real Estate partner Jannelle Seales, attorney Leslie Smith and associates Morgan Foulsham and Ilana Bier; and Litigation counsel Stefanie Venezia.