CHARLOTTE — The Department of Justice is weighing a merger between Carowinds owner Cedar Fair and Six Flags Entertainment Corp., according to U.S. Securities and Exchange Commission filing this week.
The DOJ has made a second request for additional information and documentary materials. It also extended the waiting period surrounding a merger, the filing states.
[ PREVIOUS: Carowinds’ parent company merging with Six Flags, bringing new HQ to Charlotte ]
Sandusky, Ohio-based Cedar Fair and Arlington, Texas-based Six Flags announced plans on Nov. 2 for what is described as a merger of equals.
The all-stock deal is valued at about $2 billion and would give the regional theme-park players a national footprint.
This week’s filing states that the amusement park operators are aiming to comply with the DOJ requests by May 2.
Read the full story from the Charlotte Business Journal here.
(WATCH BELOW: Fury 325 at Carowinds named best steel roller coaster)
This browser does not support the video element.