Six Flags Entertainment Corp. in the context of "Six Flags (1961–2024)"

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⭐ Core Definition: Six Flags Entertainment Corp.

Six Flags Entertainment Corporation, or simply Six Flags, is an American amusement park company, headquartered in Charlotte, North Carolina, United States. The company owns and operates 50 properties throughout North America, including 26 amusement parks, 15 water parks, and nine resorts, making it the largest regional theme park operator in North America. In 2024, Six Flags properties hosted 50.3 million guests, ranking it as the fifth-highest in attendance among theme park companies in the world.

The company was formed on July 2, 2024, following a merger of equals between longtime rivals Cedar Fair and the former Six Flags company with a total enterprise value of US$8 billion. Upon completion of the merger, former Cedar Fair stockholders held a 51.2% majority stake in the newly formed company, which retained the Six Flags name and Cedar Fair's ticker symbol, FUN, on the New York Stock Exchange.

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Six Flags Entertainment Corp. in the context of Six Flags Over Texas

Six Flags Over Texas is a 212-acre (86 ha) amusement park, in Arlington, Texas, east of Fort Worth and west of Dallas. It is the first amusement park in the Six Flags chain, and features themed areas and attractions. The park opened on August 5, 1961, after a year of construction and an initial investment of US$10 million by real estate developer Angus G. Wynne Jr.

The park is managed by the Six Flags Entertainment Corp., which owns a 54% interest of the Texas Limited Partnership that owns the park. Six Flags Over Texas Fund, Ltd., a private-equity and asset-management firm, headed by Dallas businessman Jack Knox, bought the park in 1969. Over the years, the various companies that managed the park exercised options to purchase interest in the fund. Six Flags Entertainment has an option to purchase the remaining 46% in 2028. In 1991, Time Warner Entertainment began managing park operations. In 1998, Time Warner sold its interests in the Six Flags parks to Premier Parks, of Oklahoma City, which later changed its name to Six Flags Theme Parks, Inc.

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LINKED FROM (PARENTS)
← Six Flags Over Texas
LINKS TO (CHILDREN)
Amusement park → Charlotte, North Carolina → North America → Water park → Resort → List of amusement park rankings → Merger of equals → Cedar Fair → Six Flags (1961–2024) → US$ → New York Stock Exchange →