Six Flags, Cedar Fair near merger: report

Shares of Six Flags Entertainment Corp.
SIX,
+5.53%
and Cedar Fair Entertainment Co.
FUN,
+5.66%
are rising following a report in the Wall Street Journal that the regional theme-park operators could announce a merger as soon as this week. Six’s stock is up 1.5% on Wednesday, while shares of Cedar Fair have climbed 5.6%. Cedar’s properties include Great America in Santa Clara, Calif., Kings Island in Cincinnati, and Canada’s Wonderland in Toronto.