By Ben Glickman
Shares of Six Flags Entertainment and Cedar Fair Entertainment rose Wednesday as the two theme-park chains near a potential merger.
Six Flags stock was recently up 6.9% to $21.29. Shares are down 17% this year.
Shares of Cedar Fair gained 4.6% to $37 following the news and are down 10% this year.
The regional theme-park chains are nearing a deal to combine, The Wall Street Journal reported Wednesday.
The deal could be completed as soon as this week, according to people familiar with the matter.
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