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The Independent UK
The Independent UK
World
Via AP news wire

Activist investor group that includes Travis Kelce aims to revive struggling Six Flags

Six Flags Investor Group - (Copyright 2021 The Associated Press. All rights reserved.)

An group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in Six Flags Entertainment and intends to press the company's leadership on ways to improve the struggling amusement park operator's business.

Jana said Tuesday that the investor group now owns an economic interest of approximately 9% in Six Flags. The group plans to “engage” with Six Flags' management and board of directors to discuss ways to enhance shareholder value and improve visitors' experience.

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