Schlitterbahn New BraunfelsSo quick question, are any of the legacy Cedar Fair parks getting ANYTHING new in 2026?
Kinda puzzled by your comment. For one thing what hostile take over CF was the party that proposed and pushed the merger. It’s also worth noting that CF was long put of strategy of yearly investments in every park so merger or not it's unlikely parks like KD werr going to see much. Also aren't we still expecting Carowinds to likely get a record breaking water ride for 2026?Cool, I could not remember. So two water parks, and a rebrand of a ride at KI which feels like they have been working on that for a while considering they already have some of the props already shown. That is kind of sad since they promised big during the hostile takeover.
It's possible that all of the other 2026 additions with the exeption of Tormenta at SFOT, and the Family Boomerang at SFMX, have all been delayed to the following year for 2027, which could be mixed and intigrated with the other legacy SF and CF parks planning their own 2027 additons.Kinda puzzled by your comment. For one thing what hostile take over CF was the party that proposed and pushed the merger. It’s also worth noting that CF was long put of strategy of yearly investments in every park so merger or not it's unlikely parks like KD werr going to see much. Also aren't we still expecting Carowinds to likely get a record breaking water ride for 2026?
What’s going on here?
Six Flags just granted a board seat to Sachem Head Capital Management, giving the activist investor more sway as the theme park operator copes with a share price that’s tumbled over 50% this year.
What does this mean?
Sachem Head Capital now controls almost 10% of Six Flags and has landed a role on the company’s nominating and governance committee, bolstering its influence over key decisions. The move lands amid a rough patch for Six Flags, with shares down 55% since January as bad weather dampened summer turnout. Another activist, Land & Buildings, which owns about 2%, is reviving calls for Six Flags to spin off its underlying real estate into a standalone investment trust—a proposal that’s been in the mix since late 2022. All this comes on the heels of a merger with Cedar Fair in 2024, making the company a bigger player in entertainment but also stirring up more scrutiny from hands-on investors.
Jonathan’s appointment advances the Board’s ongoing refreshment process and we are pleased to welcome him to the Board,” said Bassoul. “As an engaged shareholder with significant capital markets and transaction experience, Jonathan brings important perspectives that will be additive to our Board as the Company enters its next chapter of growth and value creation. Six Flags is a great business with tremendous upside, and I look forward to seeing its full value unlocked in the years ahead.”
“It is a privilege to join the Six Flags Board at such a pivotal moment for the Company, and we appreciate the constructive engagement we have had with the Board and management team,” said Brudnick. “We invested in Six Flags because we strongly believe in the potential of the business and that numerous pathways exist to addressing the Company’s current undervaluation. I look forward to working with my fellow directors to continue the important work underway to ensure Six Flags builds on its legacy as the premier amusement park company in North America.”
In connection with Brudnick’s appointment to the Six Flags Board, the Company has entered into a cooperation agreement with Sachem Head, pursuant to which Sachem Head has agreed to a customary standstill, voting and confidentiality commitments, among other provisions. Details of the cooperation agreement will be filed on a Form 8-K with the U.S. Securities and Exchange Commission.
oh boy, looks like my dreams of nfl getting involved with six flags again just becoming truehttps://www.wsj.com/business/deals/...r-for-activist-campaign-at-six-flags-cb1d9369
Hmmm…how have I heard this before
I think this statement is way too generalized and missing key context. All the publicly traded theme park companies (including Disney and Universal) are largely owned by financial institutions, not investment groups with some specialized knowledge of theme parks.Outside investors that have nothing to do with the theme park industry are not good news. Their goal is just to squeeze more money out of the company. That’s what leads to all these cutbacks that ruined the guest experience.
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