All articles tagged with #amusement parks
Originally Published 2 months ago — by MLive.com
Six Flags America in Maryland, a beloved 51-year-old theme park, closed permanently after its 2025 season, with fans expressing nostalgia and hope for some rides to be relocated. The closure was part of the company's strategic shift, and the park's last day drew large crowds despite the sadness of the final farewell.
Originally Published 2 months ago — by NPR
Travis Kelce, a lifelong Six Flags fan and Kansas City Chiefs star, has invested in the struggling amusement park company alongside JANA Partners, aiming to help revitalize the brand amid financial and operational challenges following a merger and declining attendance. The investment signals hope for industry recovery through potential management changes, technological upgrades, and possible park sales, with Kelce's involvement bringing positive attention and a nostalgic connection to the parks.
Originally Published 2 months ago — by CNBC
Jana Partners has invested in Six Flags Entertainment and partnered with NFL star Travis Kelce to help revitalize the struggling amusement park operator through strategic activism, branding, operational improvements, and potential sale options, aiming to boost shareholder value and modernize the company's image.
Originally Published 2 months ago — by HuffPost
NFL star Travis Kelce is entering the amusement park industry by partnering with Jana Partners to acquire a 9% stake in Six Flags, aiming to enhance the guest experience and add to his entrepreneurial ventures, which include a podcast and a music festival.
Originally Published 2 months ago — by Cleveland.com
Cleveland Heights native and NFL star Travis Kelce has invested in Six Flags, the parent company of Cedar Point, partnering with Jana Partners to help revitalize the struggling amusement park operator, which has seen significant declines in attendance and stock value since its merger with Cedar Fair in 2024.
Originally Published 2 months ago — by CNBC
NFL star Travis Kelce has partnered with activist investor Jana Partners and others to acquire a 9% stake in Six Flags, aiming to work with management to boost shareholder value and enhance the guest experience amid ongoing challenges in the amusement park industry.
Originally Published 2 years ago — by Boing Boing
Theme Park Crazy released a video showcasing the most anticipated roller coasters set to debut in 2024, while a tragic roller coaster accident in Sweden resulted in one fatality and multiple injuries. Additionally, a Disney World roller coaster is rumored to be re-themed to Muppets' Electric Mayhem, and the world's fastest roller coaster in Japan suspended operations after riders suffered serious injuries.
Originally Published 2 years ago — by WLOS
Cedar Fair and Six Flags, two major amusement park operators, are merging to create a powerhouse company with a combined worth of over $3.5 billion. The merger will result in a company with 27 amusement parks, 15 water parks, and nine resort properties across the United States, Canada, and Mexico. The deal is expected to lower costs and increase efficiency in the face of ongoing challenges in the amusement park industry due to the pandemic. The combined company will have entertainment partnerships and a portfolio of intellectual property, including popular brands like Looney Tunes, DC Comics, and Peanuts. The merger is set to close in the first half of next year, pending approval from Six Flags shareholders.
Originally Published 2 years ago — by NPR
Cedar Fair and Six Flags, two major amusement park operators, are merging to create a powerhouse company with 27 amusement parks, 15 water parks, and nine resort properties across the U.S., Canada, and Mexico. The merger, valued at over $3.5 billion, aims to lower costs and enhance park offerings. Despite an increase in revenue, amusement parks have struggled with attendance during the pandemic. The combined company expects $120 million in cost savings and plans to moderate seasonal volatility. The deal is set to close in the first half of next year, pending approval from Six Flags shareholders.
Originally Published 2 years ago — by WSOC Charlotte
Cedar Fair, the parent company of Carowinds, and Six Flags Entertainment Corporation have announced a merger, creating a combined company with a portfolio of 42 parks and nine resort properties across North America. The merger aims to enhance park offerings and performance, with the company operating under the name Six Flags and headquartered in Charlotte. The merger is expected to be completed in the first half of 2024.
Originally Published 2 years ago — by The New York Times
Amusement park corporation Six Flags is merging with rival Cedar Fair in an $8 billion deal, creating a combined entity that will operate 27 amusement parks, 15 water parks, and nine resort properties in North America. The merger is expected to generate over $3 billion in revenue. The move comes after years of financial challenges for Six Flags, including a plunge in share value in 2020 due to defaulted payments for planned projects in China.
Originally Published 2 years ago — by NBC News
Cedar Fair and Six Flags, two major amusement park operators, are merging to create a combined company worth over $3.5 billion. The merger will result in a portfolio of 27 amusement parks, 15 water parks, and nine resort properties across the U.S., Canada, and Mexico. The companies anticipate cost savings of $120 million within two years of closing the deal. The merger aims to enhance park offerings and performance, as amusement parks have struggled with attendance since the pandemic. The combined company will be headquartered in Charlotte, North Carolina, and will operate under the name Six Flags. The transaction is expected to close in the first half of next year, pending approval from Six Flags shareholders.
Originally Published 2 years ago — by Reuters.com
U.S. amusement park operator Cedar Fair is reportedly in talks for a potential merger with Six Flags Entertainment. The merger discussions come as both companies face concerns about a U.S. economic slowdown and reduced consumer spending. While the companies have previously discussed a combination in 2019, there is no certainty that an agreement will be reached this time. If a deal is reached, it could be announced as early as Thursday. Cedar Fair and Six Flags have seen their stock prices rise on the news. Cedar Fair owns 11 amusement parks and four water parks in the U.S. and Canada, while Six Flags is the largest operator of water parks in North America.
Originally Published 2 years ago — by In The Know
A family's money-saving food hack is going viral on TikTok, with over 3.2 million views and 415,000 likes. The hack involves bringing wrapped presents to amusement or water parks, with home-cooked hotdogs inside. Since many parks prohibit outside food and drinks, families are often forced to purchase meals from the park, whose menu prices tend to be on the heftier side. This hack allows families to save money while still making special memories with their loved ones.
Originally Published 2 years ago — by Yahoo Life
A family's money-saving food hack is going viral on TikTok, with over 3.2 million views and 415,000 likes. The hack involves bringing wrapped presents to amusement or water parks, with home-cooked hotdogs inside. Since many parks prohibit outside food and drinks, families are often forced to purchase meals from the park, which can be expensive. This hack allows families to save money while still enjoying special memories together.