Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×

Six Flags sells six of its U.S. parks

The previously announced $331 million sale of six properties has been completed

Six Flags Entertainment Corporation has announced that it has officially closed on the sale of six of its U.S. parks. The decision to downsize its number of properties was originally announced last month among ongoing pressure from investors.

“This divestiture reflects Six Flags’ disciplined approach to portfolio optimization and the decisive action we are taking to concentrate our capital and operational focus on properties with the greatest long-term growth potential,” said Six Flags President and CEO John Reilly. “This portfolio refinement further positions Six Flags to execute more effectively in 2026 and beyond, and I am confident in the opportunities ahead as we continue taking steps to drive improved operating performance, margin expansion, free cash flow generation, and earnings growth.”

The parks sold to real estate investment trust EPR Properties, include New York’s Six Flags Great Escape, Six Flags St. Louis, Minnesota’s Valleyfair, Michigan’s Adventure, and the Schlitterbahn Waterpark Galveston in Texas.

Lawsuit alleges Six Flags misled investors leading up to Cedar Fair merger

All in all, the total balance of the sale is reported to be to the tune of $331 million. The sale of Montreal’s Six Flags La Ronde has also been announced, but not yet completed. It is expected to close sometime in Q2 of this year.

 

 

Featured Articles

Close