Jana Partners, which along with its partners collectively owns an economic interest of approximately 9% in Six Flags (FUN) Entertainment, stated that it “applauds the company’s hiring of John Reilly as President & CEO.” Jana also today announced that Glenn Murphy has de-grouped from the Jana-led investor group to advance discussions with Six Flags on a potential senior leadership role with the board. As previously disclosed, Dave Habiger remains de-grouped from the Jana-led investor group to enable him to pursue a complementary, but separate, opportunity involving the company, the firm noted.
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