SeaWorld to acquire Cedar Fair for $3.4bn.

SeaWorld, an American theme park chain, offered to acquire Cedar Fair, an operator of amusement park-resorts located in various states across USA and Canada, for $3.4bn. CedarFair Board of Directors will carefully review and consider the proposal to determine the course of action that it believes is in the best interest of the company and its unitholders. The potential deal comes at a time when the leisure and entertainment sector slowly recovers from Covid-19 lockdowns that had hammered the industry for more than a year.