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The Passing of a Generational Memory. Six Flags Over Texas merged, changed name... sans Texas.


Summary: The Passing of a Generational Memory. Six Flags Over Texas has merged, changed its name and its headquarters... sans Texas. The first Six flags Over Texas opened August 1961, in Arlington, and this "passing" will bring back many memories.

Latest Update: Friday, 03 November, 2023


 

The Passing of a Generational Memory. Six Flags Over Texas has merged, changed its name and its headquarters... sans Texas.

The first of November 2023, Six Flags Over Texas, the flag ship of the Six Flags amusement park organization, merged with Cedar Fair Parks, a much older and larger organization. The new company will be Six Flags and will be headquartered in North Carolina.


The first Six flags over Texas opened August 1961 in Arlington, and this "passing" will bring back many memories.


Cedar Fair CEO Richard Zimmerman will lead the new company, which will be named Six Flags and trade as FUN on the New York Stock Exchange. Current Six Flags CEO Selim Bassoul will become executive chairman of a new 12-member board of directors, with each company contributing six members.


The company will be headquartered in Charlotte, North Carolina, and maintain “significant finance and administrative operations” in Sandusky, Ohio, Cedar Park’s current headquarters, according to the news release.



The first Six Flags park, Six Flags Over Texas, opened in August 1961 in Arlington. It was founded by Dallas real estate developer Angus Wynne. Six Flags has been through several ownership and management changes and filed for bankruptcy in 2018.


Six Flags, Cedar Fair Announce $8B Merger, Dallas Express, 05 November 2023



• Six Flags Over Texas > Park History

In the late 1950s, Angus G. Wynne, Jr., a Texas oil man, had a dream of a new form of family entertainment. He imagined theme parks that would be large in scope – even bigger than Disneyland – but closer to where people lived and therefore more affordable and easier to visit. Mr. Wynne also wanted his parks to have an emphasis on thrilling rides and family fun. Little did he know that this idea would one day become Six Flags Theme Parks.


Six Flags Over Texas, which opened in 1961, was named for the “Six Flags of Texas” – a display of flags representing the six countries whose flag has flown over the state. The theme park, designed to offer families thrilling entertainment close to home, was a success and became the first of many Six Flags parks around the country. Today Six Flags operates 27 parks in the US, Mexico and Canada with world-class coasters, family rides for all ages, up-close animal encounters and thrilling water parks.


• This Day in History > The first Six Flags opens in Texas



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