Montreal's La Ronde amusement park bought by EPR from Six Flags [BNN Bloomberg (Canada)]
Six Flags Entertainment Corporation New (FUN)
Last six flags entertainment corporation new earnings: 11/6 04:00 am
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Source: BNN Bloomberg
It is set to be managed by La Ronde Operations Inc., owned by Kieran Burke, whose companies also oversee the Village Vacances Valcartier resorts in Quebec City, as well as Calypso and Wet'n'Wild in Ontario. “I have a special affection for La Ronde, having attended Expo '67 as a child,” said Burke. “While serving as chairman and chief executive officer of Six Flags, I negotiated the lease with the City of Montreal and managed this park for several years. I am very proud to take on its management and operation in the years ahead, with a commitment to respecting the traditions and rich history that are so dear to Montrealers and to visitors from around the world.” EPR noted Thursday that it has “entered into definitive agreements to acquire a portfolio of seven amusement parks” in the United States and Canada from Six Flags Entertainment Corporation for a gross transactional value of $342 million. La Ronde is the only Canadian park in the transaction. The others include: Wor
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