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Six Flags and Cedar Fair to Merge

  • Thread starter Thread starter GAcoaster
  • Start date Start date Nov 2, 2023
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Tobias

Webslinger
Joined
Feb 25, 2014
Messages
3,223
  • Monday at 8:44 PM
  • #101
In recent news, Six Flags announced they're not buying full ownership of Six Flags Over Texas...

www.themeparkinsider.com

Six Flags declines to buy full ownership of its first park

Six Flags Entertainment Corporation announced today that it has decided not to exercise a call option to acquire the remaining partner interests in Six Flags Over Texas. Six Flags faced a December 31, 2025 deadline to commit to making a payment in January 2028.
www.themeparkinsider.com

This feels a tad awkward to say the least.
 
GAcoaster

GAcoaster

Dragon Trainer
Platinum Member
Joined
Nov 30, 2012
Messages
7,478
Location
Orlando
  • Tuesday at 7:18 AM
  • #102
Tobias said:
In recent news, Six Flags announced they're not buying full ownership of Six Flags Over Texas...

www.themeparkinsider.com

Six Flags declines to buy full ownership of its first park

Six Flags Entertainment Corporation announced today that it has decided not to exercise a call option to acquire the remaining partner interests in Six Flags Over Texas. Six Flags faced a December 31, 2025 deadline to commit to making a payment in January 2028.
www.themeparkinsider.com

This feels a tad awkward to say the least.
Click to expand...
I wouldn't read too much into it. They've operated SFOT and SFOG as partnerships for 60+ years now, and they are investing heavily in the park. They just chose not to buy out the partnership at this time. They get the opportunity every few years and with their current finances probably decided it wasn't in their best interests. I believe SFOG comes up for a buyout next year and they have said they were going to pursue that buyout, though that may change as well.
 
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Mad Dog

Mad Dog

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Pittsburgh area
  • Tuesday at 10:17 AM
  • #103
These decisions probably signal serious cash flow issues. That's always bad optics.
 
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M

maxairmike

Jurassic Ranger
Joined
Jul 18, 2012
Messages
1,395
Location
In the thick of it
  • Yesterday at 5:03 PM
  • #104
Seems like Six Flags is about to spin off or sell the smaller parks. Someone on Reddit noticed a filing with the USPTO for trademarks for several parks with different park names, and a holding company called Enchanted Parks Holdings…with a listed address in downtown Orlando. That address matches with the DeWitt law firm, and a minor player in the industry, Innovative Attraction Management is also based out of Orlando. A Reddit user also noticed that the Enchanted Parks domain briefly redirected to IAM’s website. Looks like there’s a good chance the SIX chain is about to become smaller yet again.

 
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Mad Dog

Mad Dog

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  • Yesterday at 5:10 PM
  • #105
In a couple years, Six Flags will be changing their name to.......drumroll........"One Flag" park....no s :D
 
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