Charlotte, North Carolina will be home to the combined company after Texas-based Six Flags and Ohio-based Cedar Fair — both amusement park operators — merge their operations, reports Axios.

Axios reports that “a growing list of prominent corporate headquarters bolsters Charlotte's standing as a major business city, one that employers want to be in because of its workforce, cost of living, climate and other factors.”

According to Axios: 

• When the merger is finalized, the combined company will be renamed "Six Flags Entertainment Corporation.
• Trading of the combined company's common stock on the NYSE is expected to begin on July 2 under the ticker "FUN.”
• The companies, which announced the deal last November, described it as a "merger of equals," giving the new entity an enterprise value of $8 billion.