DiamondbackFan

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.

It will be interesting to see if they are involved in Project 305 at Kings Dominion.

CarowindsProjectSparrowSitePlan.pdf The plans appear to include a clone of the Snoopy's Racing Railway coaster that was installed at Canada's Wonderland.

The Six Flags stockholders approved the merger. SEC filing

The new annual report footnote says: "(2)The permit agreement is with the Federal District of Mexico City. The agreement expires in 2034.."

After the merger, they will probably unload these leased parks: "During the year ended December 31, 2023, we determined that the carrying value of our leased theme park in Oklahoma City, Oklahoma, Frontier City ("Frontier City") and our leased water park in Oklahoma City, Oklahoma, Hurricane Harbor Oklahoma City ("HHOKC") were not recoverable following multiple years of negative cash flows, as well as projected future cash flows that indicated the respective assets were not recoverable. Based on the analysis performed, we determined that the carrying value of Frontier City and HHOKC exceeded their fair value, resulting in a pre-tax, non-cash loss on impairment of $16.0 million and $7.0 million, respectively. The loss on impairment at Frontier City was allocated proportionally, in the amount of $8.8 million and $7.1 million, to Right-of-use operating leases, net and Property and equipment, net, respectively. The loss on impairment at HHOKC was allocated proportionally, in the amount of $4.3 million and $2.7 million, to Right-of-use operating leases, net and Property and equipment, net, respectively. During the year ended January 1, 2023, we determined that our leased theme park in Houston, Texas, Hurricane Harbor Splashtown ("Splashtown") was not recoverable following multiple years of negative cash flows, as well as projected future cash flows that indicated the respective assets were not recoverable. Based on the analysis, we determined that the carrying value of Frontier City[sic] exceeded its fair value, resulting in a pre-tax, non-cash loss on impairment of $16.9 million. The loss on impairment was allocated proportionally, in the amount of $15.1 million and $1.8 million, to Right-of-use operating leases, net and Property and equipment, net, respectively." The partnership parks could be sold if the End-of-Term Option is not exercised by Six Flags: "In January 2027 with respect to the Georgia Partnership and in January 2028 with respect to the Texas Partnership, we will have the option (each the “End-of-Term Option”) to require the redemption of all the limited partnership units we do not then own in the Partnerships. To exercise the End-of-Term Option, we must give the Georgia Partnership notice of its exercise no later than December 31, 2024 and we must give the Texas Partnership notice of its exercise no later than December 31, 2025. If the End-of-Term Option is not exercised, the parties may decide to renew and extend the arrangements relating to the Partnership Parks. Alternatively, if the End-of-Term Option is not exercised, the Partnership Park entities may be sold and the proceeds applied to redeem the outstanding interests in the Georgia Partnership and Texas Partnership, as applicable. If the End-of-Term Option is exercised, the price offered, and required to be accepted by the holders' of the limited units we do not then own would, is based on the agreed-upon value of the partnerships included in the original agreements, multiplied by the change in the Consumer Price Index ("CPI") between the beginning and end of the agreement. The agreements for Georgia Partnership and the Texas Partnership began in 1997 and 1998, respectively. The agreed-upon value for the partnerships, when the agreements were executed, was $250.0 million and $374.8 million for SFOG and SFOT, respectively. As of December 31, 2023, the agreed upon value, as adjusted for CPI, would be $483.5 million and $712.7 million for SFOG and SFOT, respectively. The agreed upon values, if determined as of December 31, 2023, multiplied by the 68.5% and 45.9% of units held by the limited partner for SFOG and SFOT, respectively, represent $330.9 million and $332.6 million that would be required to be paid to the limited partner of SFOG and SFOT, respectively, if the End-of-Term Option were to be exercised. The actual agreed upon value for the End-of-Term Option will be further adjusted by CPI until the end of the each respective agreement. The decision to exercise, or not exercise, the End-of-Term Option for either of SFOT or SFOG will ultimately be made based on numerous factors, including prevailing macro-economic and industry conditions and the cost and availability of financing to fund the purchase." This information was in the new Six Flags annual report. https://otp.tools.investis.com/clients/us/sixflags3/SEC/sec-show.aspx?Type=html&FilingId=17326504&CIK=0000701374&Index=10000

Six Flags will have to make a decision on the future of the Georgia parks by December 31st. From the new annual report: "In January 2027 with respect to the Georgia Partnership and in January 2028 with respect to the Texas Partnership, we will have the option (each the “End-of-Term Option”) to require the redemption of all the limited partnership units we do not then own in the Partnerships. To exercise the End-of-Term Option, we must give the Georgia Partnership notice of its exercise no later than December 31, 2024 and we must give the Texas Partnership notice of its exercise no later than December 31, 2025. If the End-of-Term Option is not exercised, the parties may decide to renew and extend the arrangements relating to the Partnership Parks. Alternatively, if the End-of-Term Option is not exercised, the Partnership Park entities may be sold and the proceeds applied to redeem the outstanding interests in the Georgia Partnership and Texas Partnership, as applicable. If the End-of-Term Option is exercised, the price offered, and required to be accepted by the holders' of the limited units we do not then own would, is based on the agreed-upon value of the partnerships included in the original agreements, multiplied by the change in the Consumer Price Index ("CPI") between the beginning and end of the agreement. The agreements for Georgia Partnership and the Texas Partnership began in 1997 and 1998, respectively. The agreed-upon value for the partnerships, when the agreements were executed, was $250.0 million and $374.8 million for SFOG and SFOT, respectively. As of December 31, 2023, the agreed upon value, as adjusted for CPI, would be $483.5 million and $712.7 million for SFOG and SFOT, respectively. The agreed upon values, if determined as of December 31, 2023, multiplied by the 68.5% and 45.9% of units held by the limited partner for SFOG and SFOT, respectively, represent $330.9 million and $332.6 million that would be required to be paid to the limited partner of SFOG and SFOT, respectively, if the End-of-Term Option were to be exercised. The actual agreed upon value for the End-of-Term Option will be further adjusted by CPI until the end of the each respective agreement. The decision to exercise, or not exercise, the End-of-Term Option for either of SFOT or SFOG will ultimately be made based on numerous factors, including prevailing macro-economic and industry conditions and the cost and availability of financing to fund the purchase." https://otp.tools.investis.com/clients/us/sixflags3/SEC/sec-show.aspx?Type=html&FilingId=17326504&CIK=0000701374&Index=10000

March 12th https://otp.tools.investis.com/generic/sec/sec-show.aspx?ipage=17224713&Cik=0000701374&Type=PDF

In case you missed it: https://otp.tools.investis.com/clients/us/sixflags3/SEC/sec-show.aspx?Type=html&FilingId=17140222&CIK=0000701374&Index=10000

I think United Parks and Resorts merging with Parques Reunidos would make more sense.

SeaWorld has also taken control of the old trademarks for "United Parks". United Parks was a company that used to operate RYE Playland. https://tsdr.uspto.gov/documentviewer?caseId=sn98360846&docId=APP20240117163406&linkId=2#docIndex=1&page=1

Goto: https://www.importgenius.com/importers/kings-island and click the shipments tab.

"The most ridden non-coaster ride of 2023 was Boo Blasters on Boo Hill, which gave just shy of 900,000 rides." https://www.visitkingsisland.com/blog/2024/january/most-ridden-kings-island-ride-in-2023

Your profile location says Northern Kentucky. How are elected officials in Cincinnati your city officials?

https://www.avvir.io/blog-posts/when-should-you-leverage-survey-control-what-benefit-does-it-bring "Control points are reference points with known coordinates, used to create a consistent coordinate system for construction projects. These points are essential for land surveyors to accurately position elements on a jobsite, based on digital plans or Building Information Modeling (BIM) models."

https://www.youtube.com/watch?v=xLd22ha_-VU

I think they would just replace Xcelerator with a higher capacity B&M. Maybe a wing coaster. I could see them having Zamperla work on Kingda Ka next, but I am curious if Intamin would stop supporting the Drop Tower that is attached to it.

That plan already failed and they reverted back to the old way earlier this year.

Shipping record.

Not many people do, anymore.

The park was rebranded as Six Flags Great Escape recently. Here is the new entrance sign.

No, it doesn't. "Upon closing of the transaction, the combined company will operate under the name Six Flags and trade under the ticker symbol FUN on the NYSE and will 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." https://ir.cedarfair.com/news/news-details/2023/Cedar-Fair-and-Six-Flags-to-Combine-in-Merger-of-Equals-Creating-a-Leading-Amusement-Park-Operator/default.aspx

It is owned/developed by the Saudi Investment Fund (unlimited government money). Six Flags is licensing their brand to the park.

It looks like it would be pretty easy to unload the Peanuts IP. In 2017, the licensing agreement was extended to 2025. https://www.prnewswire.com/news-releases/cedar-fair-and-peanuts-worldwide-extend-peanuts-licensing-agreement-to-2025-300517419.html

That seems like an unnecessary expense. The current Six Flags logo is from 2019.