Brian Witherow: Yes, this is Brian. Ill let Gary, jump in. Gary and I are going to spend a lot of time
focused on this, right. As we said in our prepared remarks, the cost side of this is, is front and center. We believe we can realize those cost savings, synergies over the next two years, were not going to stop it will identify today I think
as we get deeper into this transaction and into the integration process, we may uncover other things.
But certainly, I think where there is probably more
upside is on the revenue. Thats something were really excited about. But as you know, that takes a little bit longer. Sometimes get to those revenue synergies, theres a lot of system integration that has to happen.
So, I think that may be where theres more upside, longer term. But right now, our immediate focus is building out that integration plan, as Richard
said, and mining those cost synergies as quickly as we possibly can.
Gary Mick: Yes. I echo that. And thank you, Brian. What we have on the table so far,
so weve identified and if theres more, we certainly will execute to that. At this stage, thats, thats what we have found.
Steven
Wieczynski: Okay great. Thanks, guys. Appreciate it. Congratulations.
Richard Zimmerman: Okay. Thanks for your (inaudible).
Operator: Our next question comes from Thomas Yeh from Morgan Stanley. Please go ahead.
Thomas Yeh: Thanks so much. Good morning, and congratulations.
Yes, as we think about holding the portfolio together, whats the right way to think about the long-term capital intensity of the business? It sounds
like you expect to take advantage of some of the synergies to drive higher investments at close.
And Selim, youve recently given long term CapEx
guidance based on some of the incremental opportunities that youve seen. Does that go up further now is, I think Brian, you mentioned that primarily, theres some opportunities and driving more
in-park food and bev investments. So just wondering what youre seeing as an incremental opportunity on top of that.
Brian Witherow: Hey, Thomas, its Brian.
I think on the
CapEx firms, one of the things that well be spending a lot of time together working on is how quickly can we get to some of those synergies, particularly the revenue synergies, as we mentioned, in Richards prepared remarks. It will take
some capital to activate some of the synergies, of revenue synergies, the expanded guest spending opportunities, as Selim noted premium experiences, weve backstop that with a lot of capital investment, particularly in areas like food and
beverage. So, we dont have a specific number as to where that will end up.