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Six Flags sells seven parks for over $330 million in major deal

Mar 5, 2026, 4:10 PM20
(Update: Mar 6, 2026, 7:57 PM)
cancelled entertainment complex in Gurnee, Illinois
commune in Charente-Maritime, France
American real estate investment trust
amusement park
amusement park in Kansas City, Missouri, United States

Six Flags sells seven parks for over $330 million in major deal

  • Six Flags Entertainment is set to sell seven amusement parks to EPR Properties for approximately $331 million.
  • The sale includes parks located in Michigan, Texas, New York, Missouri, Minnesota, Kansas, and Quebec.
  • This divestiture will allow Six Flags to concentrate on parks that offer greater long-term potential and is expected to close by early 2026.
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In a significant move, Six Flags Entertainment Corporation, which operates several amusement parks across North America, announced its intention to sell seven of its parks to EPR Properties. This decision was revealed in a press release made public on Thursday, marking a strategic transition for the company. The parks involved in this deal include Michigan's Adventure in Muskegon, Michigan; Schlitterbahn Waterpark Galveston in Texas; Six Flags Great Escape in Queensbury, New York; Six Flags La Ronde in Montreal; Six Flags St. Louis in Missouri; Valleyfair in Minneapolis; and Worlds of Fun in Kansas City. The sale is reported to be valued at around $331 million. The transaction is expected to finalize by the end of the first quarter or beginning of the second quarter of 2026. This sale comes as part of Six Flags' strategy to focus its operational resources and capital on the parks they believe will yield higher returns and greater long-term potential. John Reilly, the chief executive of Six Flags Entertainment Corporation, emphasized that this strategic divestiture aligns with the company's overall goals. The amusement parks that are being sold collectively attracted about 4.5 million visitors last year, generating an estimated $260 million in net revenue for Six Flags. The cash proceeds from this sale, after accounting for taxes and transaction expenses, will be allocated primarily to pay down the company's debt. EPR Properties plans to collaborate with Enchanted Parks to manage the six parks located in the United States while La Ronde Operations is assigned to handle the Canadian park. Six Flags has assured its customers that operations at these parks will continue as usual, and all season passes sold will remain valid through the 2026 operating season. This shift in ownership will not disrupt the experiences of guests at these venues, as operations will proceed according to the usual schedule. Six Flags will retain management over 34 other parks at 23 different locations in North America, ensuring a stable operational presence despite this notable divestment. The rationale behind this major decision underscores the changing landscape of the amusement park industry, where companies like Six Flags must adapt to new market conditions and shifting consumer preferences. By divesting from less profitable properties, Six Flags is not only addressing its immediate financial obligations but is also positioning itself for future growth. It reflects a broader trend in the industry where asset management strategies are being reassessed to strengthen core holdings and optimize operational efficiencies.

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