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DiamondbackFan

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DiamondbackFan last won the day on November 16 2022

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  1. Here is a breakdown of the owned and leased parks from the new annual report. Six Flags plans to purchase the remaining shares of the Georgia and Texas partnership parks in 2027 and 2028.
  2. I doubt they would cover all 40 acres. Six Flags Great America is only covering 15 acres of parking lot with their 6.4 megawatt project.
  3. Does the park own the Skycoaster or is it leased from Ride Entertainment?
  4. This is the project Six Flags Mexico planned to build for 2025 before running into resistance from the local government. Cedar Point had a flat piece of land available and could use something to distract from the TT2 issues.
  5. It's not, this is a clone of Snoopy's Racing Railway at Canada's Wonderland. https://rcdb.com/20343.htm
  6. One of the concepts in the passholder survey was to use The Vortex land to extend The Beast and create The Beast 2.0. https://old.reddit.com/r/rollercoasters/comments/1eiqazj/passholder_survey_at_kings_island_shows_a_concept/
  7. https://KICentral.com/forums/topic/48437-permits-for-a-soak-city-addition-and-improvements-coming-in-2025/
  8. https://KICentral.com/forums/topic/48026-carowinds-2025-camp-snoopy-expansion-project-sparrow/
  9. Permits have been submitted, a Master Blaster water slide and Kiddie Pool upgrades are coming. https://www.whitewaterwest.com/en/products/water-slides/blasters/master-blaster/
  10. With a new waterpark addition coming in 2025, it might be a good time to rebrand the waterpark to Hurricane Harbor.
  11. https://investors.sixflags.com/news-and-events/press-releases/2024/06-18-2024-120108856 June 18, 2024 SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”), today announced that they notified the New York Stock Exchange (“NYSE”) that the closing of Cedar Fair and Six Flags’ previously announced merger of equals (the “Mergers”) is expected to occur on July 1, 2024 (the “Expected Closing Date”). The completion of the Mergers is subject to the satisfaction or waiver of a number of conditions set forth in the merger agreement relating to the Mergers, including the satisfaction of regulatory conditions. Six Flags today additionally announced that its Board of Directors has declared a special dividend of $1.53 per share of Six Flags common stock. The dividend is payable on July 1, 2024 to stockholders of record of Six Flags as of June 28, 2024 who hold their shares through the closing of the Mergers. The special dividend is conditioned on the closing of the Mergers and is being declared in accordance with the terms of the merger agreement. Accordingly, the record date and payment date may change based on the actual closing date of the Mergers. Until the Mergers are complete, Cedar Fair’s units and Six Flags’ common stock will continue to trade on the NYSE. Upon the closing of the Mergers, (i) Cedar Fair’s units, which currently trade on the NYSE under the ticker symbol “FUN” and (ii) Six Flags’ common stock, which currently trade on the NYSE under the ticker symbol “SIX,” will cease to be listed on the NYSE following the closing of the Mergers and will each be deregistered under the Securities Exchange Act of 1934, as amended. Immediately following the closing of the Mergers, the combined company will be renamed “Six Flags Entertainment Corporation” and trading of the combined company’s common stock on the NYSE is expected to begin on the day following the Expected Closing Date, July 2, 2024, under the ticker symbol “FUN.” https://investors.sixflags.com/news-and-events/press-releases/2024/06-18-2024-120509559 June 18, 2024 SANDUSKY, Ohio & ARLINGTON, Texas--(BUSINESS WIRE)-- Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”), today announced the senior management team that will lead the combined company following the completion of their previously announced merger of equals (the “Mergers”). As previously announced, upon closing of the transaction, Richard Zimmerman, President and Chief Executive Officer of Cedar Fair, will serve as President and Chief Executive Officer of the combined company and Selim Bassoul, President and Chief Executive Officer of Six Flags, will serve as Executive Chairman of the combined company’s Board of Directors. After completion of the Mergers, the following leaders will report to Zimmerman in the combined company: Tim Fisher, Chief Operating Officer (currently in same position at Cedar Fair) Brian Witherow, Chief Financial Officer (currently in same position at Cedar Fair) Brian Nurse, Chief Legal & Compliance Officer, and Corporate Secretary (currently in same position at Cedar Fair) Christian Dieckmann, Chief Strategy Officer (currently in same position at Cedar Fair) Gary Mick, Chief Integration Officer (currently Executive Vice President and Chief Financial Officer at Six Flags) “We are fortunate to have a proven team of leaders who bring decades of park operating experience and significant expertise in integrating businesses and achieving synergy targets for the combined company,” said Zimmerman. “Their insights and complementary skill sets will be instrumental as we combine two of North America’s iconic amusement park companies and forge a new future together.” The closing of the Mergers is expected to occur on July 1, 2024, subject to satisfaction or waiver of a number of conditions set forth in the merger agreement, including the satisfaction of regulatory conditions. Upon closing of the transaction, the combined company will operate under the name Six Flags Entertainment Corporation, trade under the ticker symbol “FUN” on the NYSE, and be structured as a C Corporation. The combined company will be headquartered in Charlotte, North Carolina, and will maintain significant finance and administrative operations in Sandusky, Ohio.
  12. Six Flags Great America will get solar power soon. Comments by Selim Bassoul on the Q1 2024 Earnings Call: "Before opening the call for your questions, I want to highlight an initiative that we are particularly proud of. This summer, we expect to complete our third major solar installation at Six Flags Magic Mountain which is expected to save over $100 million over the next 30 years and it will provide a convenient shaded parking option for our guests. That is another convenience for our guests. Combined with our solar installation at Six Flags Great Adventures and Six Flags Discovery Kingdom, we will be the largest producer of car port solar power in North America. Also, we have finalized plans to launch our fourth solar installation project at Six Flags Great America. These initiatives are a win-win for everyone we serve. They serve our guests by improving our parking lots, they serve our communities by using renewable energy to power our parks and they serve our shareholders by reducing our operating costs." https://seekingalpha.com/article/4691402-six-flags-entertainment-corporation-six-q1-2024-earnings-call-transcript
  13. 4. The 2025 notes are secured notes (the parks are collateral for the loan). Cedar Fair might see an opportunity to replace these notes with new unsecured notes (the parks are not collateral for the loan). Cedar Fair's 2027, 2028, and 2029 notes are unsecured.
  14. It will be interesting to see if they are involved in Project 305 at Kings Dominion.
  15. CarowindsProjectSparrowSitePlan.pdf The plans appear to include a clone of the Snoopy's Racing Railway coaster that was installed at Canada's Wonderland.
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