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.
Write to Ben Glickman at ben.glickman@wsj.com
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