Jana Partners Urges Six Flags to Explore a Sale
Jana Partners said Six Flags should hire an investment bank after the company reported a $202.6 million second-quarter net loss and 42% share decline.
9 Articles
9 Articles
Hedge fund that teamed up with Travis Kelce to save Six Flags wants to explore a sale
The Kansas City Chiefs tight end and other investors have a 9 percent stake in Six Flags, which has been plagued by low attendance at its parks
Six Flags Could Go Private. Disney Shareholders Should Pay Attention.
An activist investor is pushing Six Flags toward a sale, and the price a buyer agrees to pay could quietly reshape how Wall Street values the most profitable corner of Disney's empire.
Travis Kelce’s $200 million Six Flags investment faces a blow as company’s net loss widens to over $202 million days after he was scammed
Travis Kelce, the Kansas City Chiefs’ tight end, has now bounced back on the field after disappointing performances in the last few seasons.
Jana Partners presses Six Flags to explore potential sale
Activist hedge fund Jana Partners is stepping up pressure on Six Flags Entertainment, urging the amusement park operator's board to appoint an investment bank and investigate a potential sale of the business, according to a report by the Wall Street Journal.The renewed campaign follows disappointing second-quarter results from Six Flags, which reported a net loss of $202.6m, more than double the $99.6m loss recorded in the same period a year ear…
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