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Six Flags Announces Pricing of $1.0 Billion of 8.625% Senior Notes Due 2032
Businesswire· 2026-01-07 22:00
Core Viewpoint - Six Flags has announced the pricing of $1.0 billion of 8.625% senior notes due in 2032, indicating a significant move to raise capital for future investments and operations [1] Group 1: Financial Details - The company is issuing senior notes with an interest rate of 8.625%, which reflects the cost of borrowing in the current market environment [1] - The total amount raised through this issuance is $1.0 billion, which will be utilized for general corporate purposes [1] Group 2: Implications - This capital raise may enhance Six Flags' financial flexibility, allowing for potential expansion and improvements in its theme parks [1] - The issuance of senior notes suggests that the company is looking to strengthen its balance sheet amid ongoing operational demands [1]
Six Flags: Can Activist Pressure The Broken Merger? (Rating Upgrade) (NYSE:FUN)
Seeking Alpha· 2026-01-06 13:36
Group 1 - Six Flags Entertainment Corporation has emerged as the largest amusement park operator in the United States following a complicated merger [1]
Six Flags Announces Private Offering of $1.0 Billion of Senior Notes and Redemptions of 2027 Notes
Businesswire· 2026-01-06 12:40
Core Viewpoint - Six Flags has announced a private offering of $1.0 billion in senior notes and plans to redeem its 2027 notes [1] Group 1: Offering Details - The company is conducting a private offering of senior notes amounting to $1.0 billion [1] - The proceeds from this offering are expected to be used for general corporate purposes, which may include refinancing existing debt [1] Group 2: Redemption Information - Six Flags plans to redeem its 2027 notes as part of its financial strategy [1] - The redemption of the 2027 notes is likely aimed at improving the company's capital structure and reducing interest expenses [1]
SIX FLAGS URGENT CLASS ACTION DEADLINE: Bragar Eagel & Squire, P.C. Reminds Six Flags Investors of the Upcoming January 5th Deadline and Urges Investors to Contact the Firm
Globenewswire· 2026-01-05 16:01
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation for failing to disclose critical financial information related to its merger with Cedar Fair, L.P., which has led to significant losses for investors [2][8]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Six Flags common stock in connection with the merger registration statement issued on July 1, 2024 [2]. - Investors have until January 5, 2026, to apply to the Court to be appointed as lead plaintiff in the lawsuit [2]. Group 2: Allegations - The registration statement allegedly failed to disclose that Legacy Six Flags suffered from chronic underinvestment, requiring millions in additional capital and operational expenditures to maintain its market position [8]. - Following the appointment of CEO Selim Bassoul in November 2021, significant employee layoffs were made to cut costs, which negatively impacted operational competence and guest experience [8]. - At the time of the merger, it was revealed that Legacy Six Flags needed a substantial undisclosed capital infusion, undermining the rationale for the merger as presented [8]. Group 3: Stock Performance - On the merger closing date, Six Flags stock traded above $55 per share, but subsequently fell to as low as $20 per share, representing a nearly 64% decline [8].
Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation - FUN
Businesswire· 2026-01-02 23:18
Core Viewpoint - Investors have until January 5, 2026, to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation, previously known as CopperSteel HoldCo, Inc. [1] Group 1 - The lawsuit pertains to investors who purchased or acquired the company's common stock in relation to the company's registration statement [1]
SIX FLAGS URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Six Flags Investors of the Upcoming January 5th Deadline and Urges Investors to Contact the Firm
Globenewswire· 2026-01-02 19:49
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation regarding the merger with Cedar Fair, alleging that the registration statement failed to disclose significant underinvestment issues and operational challenges faced by Legacy Six Flags prior to the merger [2][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased or acquired Six Flags common stock related to the merger registration statement issued on July 1, 2024 [2]. - Investors have until January 5, 2026, to apply to the Court to be appointed as lead plaintiff in the lawsuit [2]. Group 2: Allegations - The registration statement allegedly did not reveal that Legacy Six Flags had chronic underinvestment and required millions in additional capital and operational expenditures to maintain its market share [7]. - Following the appointment of CEO Selim Bassoul in November 2021, significant employee layoffs were made to cut costs, which reportedly degraded operational competence and guest experience [7]. - On the merger closing date, Six Flags stock was trading above $55 per share, but subsequently fell to as low as $20 per share, marking a decline of nearly 64% [7]. Group 3: Next Steps for Investors - Investors who suffered losses or have information regarding the claims are encouraged to contact the law firm for further details and assistance [4].
MONDAY DEADLINE: Berger Montague Advis3es Six Flags Entertainment Corp. (NYSE: FUN) Investors to Inquire About a Securities Fraud Class Action by January 5, 2026
Prnewswire· 2026-01-02 14:06
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. by Berger Montague PC on behalf of investors who purchased shares during the Class Period from July 1, 2024, to November 5, 2025, related to the merger with Cedar Fair L.P. [1][3] Group 1: Lawsuit Details - The lawsuit alleges that the merger registration statement did not accurately reflect Six Flags' operational and capital needs, claiming that the company had suffered from years of underinvestment despite public claims of major investments [3] - The complaint states that undisclosed capital requirements were inconsistent with the rationale provided for the merger [3] Group 2: Stock Performance - Following the merger closure on July 1, 2024, Six Flags' stock initially traded above $55 per share but subsequently fell to as low as $20, representing a decline of nearly 64% [4]
Six Flags Qiddiya City, Six Flags Entertainment Corporation's First Destination Outside North America, is Now Officially Open
Prnewswire· 2026-01-01 14:00
Core Insights - Qiddiya City is positioned as the world's first global destination centered on the "Power of Play," located 40 minutes from Riyadh, Saudi Arabia, and aims to integrate entertainment, sports, and cultural experiences in an unprecedented manner [1][7]. Group 1: Six Flags Qiddiya City - Six Flags Qiddiya City is the inaugural entertainment development within Qiddiya City, featuring 28 rides and attractions designed to provide thrilling experiences for families and adventure-seekers [2][6]. - The park includes 18 rides specifically designed for families and younger visitors, ensuring entertainment for all age groups, alongside various international dining options and retail outlets for exclusive merchandise [3][6]. - Ticket prices start at $85 USD for adults and $70 USD for children, with free admission for kids under 4 years old; the pricing covers all rides, and an Unlimited GoFast Pass is available for priority access [4][5]. Group 2: Accessibility and Inclusivity - The theme park is designed to be accessible for all guests, including individuals with special needs, with discounted tickets starting from $20 USD available exclusively at the park [5]. - Qiddiya City aims to provide a high quality of life with a range of attractions and experiences, alongside residential, retail, office, hospitality, healthcare, and educational offerings, all within a sustainable urban environment [8]. Group 3: Six Flags Entertainment Corporation - Six Flags Entertainment Corporation is the largest regional amusement-resort operator in North America, operating 27 amusement parks, 15 water parks, and nine resort properties across multiple countries, including Saudi Arabia [9]. - The company focuses on delivering fun, immersive, and memorable experiences to millions of guests annually, featuring world-class coasters and themed rides [9].
Deadline Soon: Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2025-12-31 18:21
Core Viewpoint - The article highlights the upcoming January 5, 2026 deadline for investors to participate as lead plaintiffs in a securities fraud class action lawsuit against Six Flags Entertainment Corporation related to its merger with Cedar Fair, L.P. [1] Group 1 - The lawsuit is filed on behalf of investors who acquired Six Flags common stock pursuant to the Company's registration statement and prospectus issued in connection with the merger [1]
DEADLINE NEXT WEEK: Berger Montague Advises Six Flags Entertainment Corp. (FUN) Investors to Contact the Firm Before January 5, 2026
TMX Newsfile· 2025-12-31 15:46
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the merger period with Cedar Fair L.P., alleging that the merger registration statement misrepresented the company's financial and operational condition [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Six Flags had faced years of underinvestment, leading to significant capital requirements for its parks to remain competitive, which were not disclosed to investors [3]. - Investors who purchased Six Flags securities during the class period (July 1, 2024, to November 5, 2025) have until January 5, 2026, to seek appointment as lead plaintiff [2]. Group 2: Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently declined to as low as $20, representing a 64% loss in value [4].