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.
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.
An investor group including Jana Partners and NFL player Travis Kelce has acquired about 9% of Six Flags and plans to engage with management to improve the company's performance amid significant losses and declining attendance, with shares rallying on the news.
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.
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.
NFL star Travis Kelce has joined activist investor Jana Partners, which owns about 9% of Six Flags, to push for an overhaul of the theme park company, aiming to enhance shareholder value and improve guest experience, leveraging Kelce's popularity to garner attention for the campaign.
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.
Six Flags Great Adventure in New Jersey has announced the permanent closure of Kingda Ka, the world's tallest roller coaster, to make way for a new record-breaking ride. The park plans to introduce two new roller coasters: The Flash: Vertical Velocity, a super boomerang coaster opening in 2025, and a mysterious multi-world-record-breaking launch coaster set for 2026. Several other rides, including Green Lantern and Zumanjaro: Drop of Doom, will also be demolished as part of the park's multi-year expansion plan.
The Georgia Bureau of Investigation has identified 15-year-old Syere Littlefield as the suspect shot by officers at Six Flags after an exchange of gunfire, leaving him critically injured. Littlefield will be charged, and a handgun was recovered near him. The incident occurred during a series of fights involving 500-600 young teens outside the park, with multiple suspects firing at officers as teens ran into the woods. No officers were injured, and Six Flags emphasized their commitment to safety and security following the incident.
A 15-year-old boy was critically shot by a police officer outside Six Flags Over Georgia after an exchange of gunfire, with the police responding to fights breaking out among patrons leaving the park. The boy, from College Park, was taken to the hospital in critical condition, and a handgun was recovered near him. No officers were injured, and the GBI will conduct an independent investigation into the incident.
A 15-year-old was critically injured in a police shooting outside Six Flags Over Georgia after officers responded to a large unruly crowd at the amusement park. The shooting occurred as multiple people began firing, and one minor was hit by police gunfire. The teenager, whose identity has not been released, remains in critical condition. Six Flags officials expressed disappointment at the disruption caused by groups of underage youth and emphasized their commitment to safety and security.
A 15-year-old boy is in critical condition after being shot by a Cobb police officer outside Six Flags Over Georgia following chaos caused by an "unruly crowd" on the park's opening day. The crowd, estimated to be between 500 to 600 people, was involved in fights inside the park before spilling onto a nearby road, where shots were fired. The GBI will conduct an independent investigation into the incident, which marks the 11th officer-involved shooting the state agency has been asked to investigate in 2024.
Chaos erupted at Six Flags Over Georgia on opening day as 500 to 600 people engaged in a large fight, leading to a firefight between suspects and Cobb County officers. One person was shot and hospitalized in unknown condition, and the Georgia Bureau of Investigation is investigating the incident.
A 15-year-old is in critical condition after being shot by an officer near Six Flags over Georgia following a large fight that turned into a firefight with officers. The incident occurred on a road near the park, and the Georgia Bureau of Investigation has taken over the investigation. According to authorities, the shooting took place after multiple people began firing at officers, and a handgun was recovered near the teen. Six Flags Over Georgia emphasized that the shooting did not occur on their property and expressed commitment to maintaining safety and security.
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.
