The merger of two giant amusement park operators will create a single $8 billion rival company to Disney and Universal Studios.
Universal Studios' theme parks are constantly expanding their facilities with new rides, attractions and lands, and even opening new parks, in a battle to attract the most guests and revenue.
Splash Mountain at Disney World's Magic Kingdom in Orlando closed on Jan. 23, 2023, while the same ride closed May 31, 2023, at Disneyland in Anaheim, Calif.on Nov. 2 entered into a merger agreement that would create a single, combined $8 billion amusement park company comprised of 27 amusement parks, 15 water parks and nine resort properties across 17 states, Canada and Mexico.
It will be interesting to see what new attractions and events the new combined company will introduce as the current individual companies compete against Disney, Universal and each other with various seasonal themed events. Upon closing of the transaction in the first half of 2024, the combined company, to be headquartered in Charlotte, N.C., will operate under the name Six Flags and trade under the ticker symbol FUN on the New York Stock Exchange, the company said in a statement.
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