CHARLOTTE, N.C.- Six Flags Entertainment Corporation, the parent company of Dorney Park, has shed six of the seven parks it announced it was selling last month.
EPR Properties of Kansas City, Mo., now owns the following properties:
– Valleyfair (Minneapolis, Minn.)
– Worlds of Fun (Kansas City, Mo.)
– Michigan’s Adventure (Grand Rapids, Mich.)
– Schlitterbahn Waterpark Galveston (Galveston, Texas)
– Six Flags St. Louis (St. Louis, Mo.)
– Six Flags Great Escape (Queensbury, N.Y.)
The sale of a seventh park – Six Flags La Ronde (Montreal, QC) – is expected to close later this year.
“This divestiture reflects Six Flags’ disciplined approach to portfolio optimization and the decisive action we are taking to concentrate our capital and operational focus on properties with the greatest long-term growth potential,” said Six Flags President and CEO John Reilly, in a news release. “This portfolio refinement further positions Six Flags to execute more effectively in 2026 and beyond, and I am confident in the opportunities ahead as we continue taking steps to drive improved operating performance, margin expansion, free cash flow generation, and earnings growth.”
EPR is partnering with Enchanted Parks to run the six domestic properties. EPR will retain the right to utilize the Six Flags brand through the end of the year.
Six Flags announced the $331 million deal in early March. The company has struggled financially since its $8 billion merger in 2024 with the Ohio-based Cedar Fair, which brought sites including Dorney Park under its umbrella.
Following the final divestiture, Six Flags will have 21 amusement parks, 14 water parks and nine resort properties across 13 states in the U.S., Canada, and Mexico in its portfolio. The company also manages an amusement park in Saudi Arabia.
Shares of Six Flags stock (NYSE: FUN) were down slightly in Tuesday morning trading to $17.72. The company has a market capitalization of $1.82 billion.