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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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T

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

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Platinum Member
Joined
Nov 30, 2012
Messages
7,478
Location
Orlando
  • Yesterday 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
  • Yesterday at 10:17 AM
  • #103
These decisions probably signal serious cash flow issues. That's always bad optics.
 
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