I have become more cautiously optimistic about this. I get all the concern though. The track record of large corporations merging his historically not benefited consumers to say the least and that could very well happen here. I am not blind to that very real possibility.
It is just that this "merger of equals" is PR bullshit and I am happy about that. Cedar Fair is legally the acquirer in the deal. Cedar Fair shareholders are getting more than 50% of the stock. All the high level management is coming from Cedar Fair. This "merger of equals" is Cedar Fair acquiring Six Flags spun in a way to try to not impact the Six Flags brand, full stop.
Long term, it is harder to make predictions about the future. It always is. Again, there could be some bad outcomes here. But in the short term at least, it seems to me we are going to see the Cedar Fair model applied to the current Six Flags parks. For the smaller Six Flags parks, not great probably! But I can at least look forward to the flagship parks currently in the old SF chain to get cleaned up and improved presentation coupled with much more aggressive capital investment in new attractions.