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Six Flags to Sell Seven Parks to EPR Properties for $331 Million

The company says the move concentrates capital on higher‑return parks to strengthen its balance sheet.

Overview

  • Definitive agreements cover Valleyfair, Worlds of Fun, Michigan’s Adventure, Schlitterbahn Galveston, Six Flags St. Louis, Six Flags Great Escape, and La Ronde.
  • All seven parks will operate normally through the 2026 season under the Six Flags name, with 2026 season passes and multi‑park memberships honored.
  • EPR will partner with Enchanted Parks to run the six U.S. locations and with La Ronde Operations, Inc. to manage Montreal’s La Ronde.
  • Six Flags frames the divestiture as portfolio optimization, planning to use net proceeds primarily to pay down debt; the parks drew ~4.5 million visits in 2025 and generated about $260 million in revenue and ~$45 million in Adjusted EBITDA.
  • Cash consideration totals $331 million, subject to adjustments, with closing targeted for late Q1 or early Q2 2026; some reports cite a $342 million gross value reflecting additional tenant funding.