Six Flags to sell 7 amusement parks in deal worth more than $330M

Core Viewpoint - Six Flags Entertainment is divesting seven amusement parks to EPR Properties for approximately $331 million, allowing the company to focus on properties with stronger returns and long-term potential [1][4]. Group 1: Transaction Details - The parks being sold include Michigan's Adventure, Schlitterbahn Waterpark Galveston, Six Flags Great Escape, Six Flags La Ronde, Six Flags St. Louis, Valleyfair, and Worlds of Fun [1]. - The deal is expected to close by the end of Q1 or the beginning of Q2 in 2026 [8]. - The seven parks collectively hosted about 4.5 million guests last year, generating approximately $260 million in net revenue [8]. Group 2: Operational Impact - Six Flags will continue to operate 34 parks across 23 locations in North America for the 2026 season [8]. - All season passes sold will be honored through the 2026 operating season [5]. Group 3: Strategic Rationale - The divestiture aligns with Six Flags' strategy to concentrate capital and operational focus on higher-return properties [4]. - EPR Properties plans to partner with Enchanted Parks to manage the six U.S. parks, while La Ronde Operations will oversee the Canadian park [4][10].