Rival theme parks Six Flags Magic Mountain and Knott’s Berry Farm could soon be owned by the same people.
Cedar Fair, which owns Knott’s Berry Farm in Buena Park, and Six Flags Entertainment Corporation, which owns Magic Mountain in Valencia, announced plans for a merger on Thursday.
Together, the companies own more than 40 regional theme parks across North America. But, the two parks in Southern California would be the only parks included in the merger operating long-term in the same market.