Cedar Fair and Six Flags Announce Merger Cedar Fair and Six Flags Entertainment Corporation today announced that they have entered into a definitive merger agreement to combine in a merger of equals transaction. The combined company, with a pro forma enterprise value of approximately $8 billion based on both companies’
Tag: merger
Amazon Obtains MGM for $8.45 Billion Merger
Amazon Obtains MGM for $8.45 Billion Merger. Amazon and MGM have announced an agreement that will allow MGM to merge with Amazon at the agreed-upon price of $8.45 Billion USD. MGM is responsible for famous titles and franchises such as the James Bond film, Rocky, Pink Panther, Spaceballs, Legally Blonde,
Another Round of Layoffs Hits Disney and Fox Film Studios
Another Round of Layoffs Hits Disney and Fox Film Studios. As the two entertainment conglomerates are woven together, there is an effort to reduce redundancies within the studios. The Hollywood Reporter brought notice to the layoffs, which occurred on Wednesday, June 19th. Though an official number has not been released
Disney Would Cast New Wolverine Actor For MCU/Fox Merger
Disney Would Cast New Wolverine Actor For MCU/Fox Merger. Hugh Jackman would be replaced with a younger actor who would better fit the role of ‘Wolverine’ if the character were to make an appearance in the Marvel Cinematic Universe (MCU). According to Disney and Kevin Feige, executive producer of Marvel Studios,
The Walt Disney Company Will Buy 21st Century Fox for $71.3 Billion
We have been covering the acquisition of 21st Century Fox by The Walt Disney Company since it was first announced. At one point, Comcast also made a bid to acquire 21st Century Fox, but they later backed out. Today, after a vote by shareholders on both sides, the deal has
Department Of Justice Approves Disney/21st Century Fox Merger
Disney is now one step closer to a merger with the 21st Century Fox company. The Department of Justice has approved the deal. The only stipulation put into place was that Disney would have to sell Fox’s 22 regional sports networks. This would prevent Disney, who already owns ESPN from
