$FUN Cedar Fair dismisses Six Flags Interests.

NYSE:FUN   Cedar Fair, L.P
Recent takeover target FUN has hit resistance but could present some nice opportunities on a break above $59.
Cedar Fair (FUN -2.8%) turned down a $4B cash-and-stock offer from Six Flags Entertainment (SIX +2.2%), sources tell Reuters.
The theme park operator is said to have considered the ~$70 deal price plus some cash as inadequate.
Six Flags is not expected to come in with a new offer.
Cedar Fair is back to $59.26, still above where FUN shares stood when the Six Flags story first broke.
Currently has a average analysts price target of $62 and a buy rating.
P/E ratio 19.42
Company profile
Cedar Fair LP engages in the operation of amusement parks, outdoor and indoor water parks, and hotels. Its amusement parks include Cedar Point, Kings Island, Canada's Wonderland, Dorney Park and Wildwater Kingdom, Valleyfair, Kings Dominion, Worlds of Fun, Knott's Berry Farm, and California's Great America. The company was founded on May 13, 1983 and is headquartered in Sandusky, OH.
Do you want to GAIN an Edge on Wall Street? 🤑💰📈

1) Sign Up for Free @

2) Follow our Telegram Channel @

3) Join our LIVE CHAT on our Discord @


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter