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JANA PARTNERS, TRAVIS KELCE, AND LEADING EXECUTIVES INVEST IN SIX FLAGS ENTERTAINMENT
Cedar FairCedar Fair(US:FUN) Prnewswireยท2025-10-21 19:35

Core Viewpoint - JANA Partners has acquired a significant stake in Six Flags Entertainment Corporation, believing it presents an opportunity for substantial shareholder value creation [1][2] Group Composition - The investment group includes Travis Kelce, Glenn Murphy, and Dave Habiger, collectively holding an economic interest of approximately 9% in Six Flags [1][2] Engagement Plans - JANA plans to engage with Six Flags' Board of Directors and management to explore ways to enhance shareholder value and improve the guest experience [2] Individual Backgrounds - Glenn Murphy has over 30 years of experience in strategic and operational leadership, previously serving as CEO of Gap, Inc. and Shoppers Drug Mart [3] - Dave Habiger has extensive leadership experience in technology and media, having led several companies through significant growth and strategic transactions [4] Company Overview - JANA Partners, founded in 2001, focuses on investing in undervalued public companies and working with management teams to unlock shareholder value [5]