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Six Flags Entertainment Corp. - SIX STOCK NEWS

Welcome to our dedicated page for Six Flags Entertainment news (Ticker: SIX), a resource for investors and traders seeking the latest updates and insights on Six Flags Entertainment stock.

Six Flags Entertainment Corporation (symbol: SIX) is the world’s largest regional theme park company, with its headquarters in Grand Prairie, Texas. Established in 1961, Six Flags has become synonymous with affordable, value-packed thrills and record-shattering attractions. The company operates 27 parks, including theme parks and water parks, spread across the United States, Mexico, and Canada. Among these, 24 parks are located in the U.S., two in Mexico, and one in Montreal, Canada.

The parks offer a variety of entertainment options tailored to families, teens, tweens, and thrill-seekers. Visitors can enjoy a wide range of rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets. Notable events include the summer concert series, Fright Fest, and Holiday in the Park, which draw significant crowds annually.

Six Flags is dedicated to providing an unparalleled experience to millions of guests, ensuring a combination of safety, excitement, and value. The company continues to innovate with new rides and attractions to keep the guest experience fresh and exciting.

Recent achievements include multiple partnerships aimed at enhancing the guest experience and expanding the company's digital footprint. Financially, Six Flags has demonstrated resilience and growth, focusing on both short-term performance and long-term strategic initiatives. This approach ensures the company’s ongoing success and its ability to generate substantial returns for shareholders.

For those interested in the latest updates on Six Flags Entertainment Corp., news about their recent activities, financial performance, and upcoming events is frequently posted, offering up-to-the-minute information for investors and enthusiasts alike.

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Six Flags Entertainment (NYSE: SIX), the largest regional theme park operator in the world, has launched an innovative metaverse experience on Roblox. This groundbreaking initiative allows users to enjoy virtual roller coasters, thrilling mazes, and engaging games. The experience features Digital Twin’s proprietary 'Coastercoin' software, enabling users to collect and redeem Coastercoins for rewards and activities at physical Six Flags parks, effectively blending digital and physical worlds. The launch marks a significant milestone in Six Flags' digital transformation and showcases their commitment to technological advancement and industry leadership. The Six Flags Metaverse on Roblox is now accessible to users globally, offering an unprecedented level of engagement and interaction with Six Flags attractions.

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Cedar Fair and Six Flags have announced the satisfaction of regulatory conditions for their previously announced merger of equals. The merger is expected to close on July 1, 2024. Following the closing, the combined entity will be renamed Six Flags Entertainment and will begin trading on the NYSE under the ticker symbol 'FUN' on July 2, 2024. Six Flags President and CEO Selim Bassoul will serve as executive chairman of the combined company's Board of Directors, while Cedar Fair President and CEO Richard Zimmerman will continue in his role. The merger aims to leverage Cedar Fair's reputation for guest experiences and Six Flags' innovative attractions, with an anticipated pro-forma enterprise value of approximately $8 billion.

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Cedar Fair and Six Flags have cleared regulatory conditions for their merger of equals.

The merger is scheduled to be completed on July 1, 2024, with the new entity trading on the NYSE under the ticker symbol 'FUN'.

Six Flags President and CEO Selim Bassoul will serve as executive chairman, while Cedar Fair President and CEO Richard Zimmerman will continue in his role for the combined company.

The merger aims to enhance guest experiences by leveraging Cedar Fair’s reputation for exceptional service and Six Flags’ innovative attractions.

The combined company will have a pro-forma enterprise value of approximately $8 billion and will focus on investing in new rides, attractions, food and beverage options, and consumer technologies.

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Six Flags Entertainment (NYSE:SIX), the largest regional theme park operator globally, has announced an extensive lineup for this year's Fright Fest Extreme. Starting September 7, the event will feature iconic horror franchises such as SAW, Stranger Things, Army of the Dead, The Conjuring, Annabelle, The Nun, and others.

Fright Fest Extreme will be held at Six Flags Great Adventure (New Jersey) and Six Flags Magic Mountain (Los Angeles) on select dates through November 3. New attractions include immersive horror-themed mazes and exclusive experiences based on popular franchises.

Additional features include the Texas Chainsaw Massacre (2022) experience at Six Flags Great Adventure and an exclusive DCeased maze at Six Flags Mexico. The event promises to be the most significant and scariest Fright Fest ever, aligning with Six Flags' commitment to innovation and guest satisfaction.

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Cedar Fair and Six Flags have announced their senior management team for the combined company that will be formed following their planned merger of equals. Richard Zimmerman, currently the CEO of Cedar Fair, will serve as CEO, while Selim Bassoul, CEO of Six Flags, will be the Executive Chairman. Key roles will include Tim Fisher as COO, Brian Witherow as CFO, Brian Nurse as Chief Legal & Compliance Officer, Christian Dieckmann as Chief Strategy Officer, and Gary Mick as Chief Integration Officer. The merger, expected to close on July 1, 2024, hinges on regulatory conditions. The combined entity will be known as Six Flags Entertainment , headquartered in Charlotte, North Carolina, and will trade under the ticker symbol "FUN" on the NYSE.

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Cedar Fair and Six Flags announced key senior management for their planned merger, set to finalize on July 1, 2024. Richard Zimmerman of Cedar Fair will become CEO, while Six Flags' CEO Selim Bassoul will take the role of Executive Chairman. Key positions like COO, CFO, Chief Legal & Compliance Officer, and Chief Strategy Officer will be filled by Cedar Fair executives. Gary Mick from Six Flags will be Chief Integration Officer. The combined company will retain the Six Flags Entertainment name, trade under the ticker 'FUN', and be headquartered in Charlotte, NC, with additional operations in Sandusky, Ohio.

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Cedar Fair and Six Flags have announced the expected closing date of their merger to be July 1, 2024. This merger is subject to regulatory and other conditions. Six Flags has declared a special dividend of $1.53 per share, payable on the same date, contingent on the merger's completion. Until then, both companies' stocks will continue trading under their respective symbols 'FUN' and 'SIX'. Post-merger, the combined company will be named Six Flags Entertainment and will trade under the ticker 'FUN'.

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Cedar Fair and Six Flags have announced the expected closing date of their merger on July 1, 2024.

The merger is contingent upon regulatory approvals and other conditions.

Six Flags' Board has also declared a special dividend of $1.53 per share, payable on July 1, 2024, for shareholders of record as of June 28, 2024.

This dividend is dependent on the merger's completion.

Upon the merger's closure, Cedar Fair’s units and Six Flags' common stock will be delisted from the NYSE, and the combined company will be renamed 'Six Flags Entertainment ,' trading under the ticker symbol 'FUN' starting July 2, 2024.

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Six Flags Entertainment (NYSE: SIX) has opened four of seven new roller coasters as part of a two-year record investment in parks across North America. The company is also introducing new rides, attractions, and experiences, including the grand opening of a world-class glamping resort. Season Passes will be available for purchase during the Memorial Sale in May. The investments showcase Six Flags' commitment to providing thrilling experiences for guests while prioritizing environmental stewardship and technology enhancements.

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Six Flags Entertainment reported first quarter Revenue of $133 million, Net Loss of $83 million, and Adjusted EBITDA loss of $26 million for 2024. Despite a decrease in total revenue compared to 2023, the company sees a promising start to the 2024 season with increased season pass sales and pre-booked group sales. The company remains focused on delivering a world-class experience for guests and is excited to launch new rides and attractions for the peak summer season.

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FAQ

What is the current stock price of Six Flags Entertainment (SIX)?

The current stock price of Six Flags Entertainment (SIX) is $32 as of July 11, 2024.

What is the market cap of Six Flags Entertainment (SIX)?

The market cap of Six Flags Entertainment (SIX) is approximately 2.7B.

What is Six Flags Entertainment Corporation?

Six Flags Entertainment Corp. is the world's largest regional theme park company, known for its thrilling rides and entertainment options.

Where is Six Flags headquartered?

Six Flags Entertainment Corporation is headquartered in Grand Prairie, Texas.

How many parks does Six Flags operate?

Six Flags operates 27 parks, including 24 in the United States, two in Mexico, and one in Canada.

What types of attractions does Six Flags offer?

Six Flags offers various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

What are some popular events hosted by Six Flags?

Popular events include the summer concert series, Fright Fest, and Holiday in the Park.

Who are Six Flags' target audiences?

Six Flags attracts families, teens, tweens, and thrill-seekers with its diverse range of entertainment options.

What has Six Flags achieved recently?

Six Flags has formed partnerships to enhance the guest experience and expand its digital presence, focusing on innovation and growth.

How has Six Flags performed financially?

Six Flags has shown resilience and growth, balancing short-term performance with long-term strategic initiatives to generate substantial returns.

How can I stay updated on Six Flags Entertainment Corp.?

For the latest updates on Six Flags' activities, financial performance, and events, frequent news posts are available for investors and enthusiasts.

What makes Six Flags unique?

Six Flags is renowned for its record-shattering roller coasters, special events, and a wide array of entertainment options, making it a trusted name in family entertainment since 1961.

Six Flags Entertainment Corp.

NYSE:SIX

SIX Rankings

SIX Stock Data

2.70B
82.78M
1.14%
103.29%
5.06%
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