Jana to engage with Six Flags on ‘opportunity for significant’ value creation

Jana Partners confirmed that it has partnered with Travis Kelce as well as consumer executive Glenn Murphy and technology executive Dave Habiger in an investment in Six Flags (FUN) Entertainment. “The Group collectively owns an economic interest of approximately 9%. JANA plans to engage with the Company’s Board of Directors and management regarding opportunities to enhance shareholder value and improve the guest experience. JANA Managing Partner Scott Ostfeld disclosed the investment at the 13D Monitor Active-Passive Investor Summit,” Jana stated. “We look forward to working with the Six Flags board and management to unlock shareholder value for the benefit of all stakeholders,” added Scott Ostfeld.