Activist hedge fund Jana Partners, National Football League star Travis Kelce and other investors have a combined stake of about 9% of the theme-park operator’s shares, Jana executives revealed at the 13D Monitor Active-Passive Investor Summit in New York, reported The Wall Street Journal’s Lauren Thomas. Jana, which wants Six Flags (FUN) to improve its marketing and the customer experience, also sees opportunities to modernize technology and evaluate a potential sale as ways to boost the company’s share price, the report noted.
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