- Wells Fargo isn't sure that a combination of Cedar Fair (NYSE:FUN) and Six Flags Entertainment (NYSE:SIX) makes sense.
- The firm calls the Reuters report a "stretch" because Six Flags doesn't have a CEO, the two theme park cultures are much different and a substantial premium would be required to acquire FUN to cover tax considerations for shareholders.
- Cedar Fair is now only up 2.22% and Six Flags is down 1.20%.