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Stock impact report

Planning a trip to Six Flags? Here's what you need to know as rollercoaster giant sells off 7 iconic parks [Yahoo! Finance]

Six Flags Entertainment Corporation New (FUN) 
Last six flags entertainment corporation new earnings: 11/6 04:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The struggling roller-coaster conglomerate will be selling off seven of its parks to new owners as it battles against longstanding financial troubles and disgruntled investors "This transaction will simplify our portfolio, strengthen our balance sheet and position us to execute with greater clarity and discipline," Six Flags CEO John Reilly said as he announced the $331 million sale on March 5. "We know how much these parks mean to our guests... decisions like this are never taken lightly." The sale comes after Six Flags, which declared bankruptcy in 2009 before merging with rival Cedar Fair in 2024, announced the closure of two major theme parks in California and Maryland . It also coincides with a boardroom struggle against activist investors (including Kansas City Chiefs star player Travis Kelce) , who accuse the company of “dysfunctional” leadership. The parks being sold range from upstate New York to Kansas City, and together saw roughly 4.5 million guests over the course Show less Read more
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