Six Flags has announced the potential sale of certain smaller amusement parks as part of its ongoing evaluation following the merger with Cedar Fair. CEO Richard Zimmerman indicated that some properties deemed non-essential to the company's long-term vision may be divested if the right circumstances arise. While specific parks have not been named, larger, more profitable parks are safe from sale. Anticipation is building for an upcoming investor day to clarify Six Flags' future strategy and which parks could be on the market.
Following the merger between Six Flags and Cedar Fair, the company has identified smaller parks that may be for sale while focusing on strategic growth.
CEO Richard Zimmerman informed investors that less strategic properties might be divested, aiming to streamline Six Flags' portfolio.
The upcoming investor day at Cedar Point on May 20 will provide further insights into Six Flags' long-term strategy and available parks.
The eight largest parks by attendance, such as Cedar Point and Knott's Berry Farm, are considered core properties and are not for sale.
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