Six Flags Entertainment Corporation also stated that each park in thecombined company's portfolio will "retain theirlegacybranding withno changes to park names currently being plannedorcontemplated." That includes the Buena Park-based Knott's, which has been in operation since 1920. "Today marks a significant milestone for our company, shareholders,guests and associates, unlocking higher value and greater opportunitiesto deliver engaging entertainment experiences," said Richard Zimmerman,president and chief executive officer of Six Flags EntertainmentCorporation. "Our merger establishes a new Six Flags EntertainmentCorporation with a highly diversified footprint and robust operatingmodel, enhancing park offerings and performance though the complementaryportfolio of attractive assets and intellectual property from each ofCedar Fair and the former Six Flags.