JANA Partners, Travis Kelce take 9% stake in Six Flags

Becomes One of the Largest Six Flags Shareholders

Believes Six Flags Offers Opportunity for Significant Shareholder Value Creation

NEW YORK, Oct. 21, 2025 /PRNewswire/ — JANA Partners (“JANA”) right this moment introduced that it has partnered with Super Bowl Champion Travis Kelce in addition to shopper govt Glenn Murphy and expertise govt Dave Habiger, (the “Group”) in an funding in Six Flags Entertainment Corporation (NYSE: FUN) (“Six Flags” or the “Company”). The Group collectively owns an financial curiosity of roughly 9%.

JANA plans to have interaction with the Company’s Board of Directors and administration concerning alternatives to reinforce shareholder worth and enhance the visitor expertise. JANA Managing Partner Scott Ostfeld disclosed the funding on the 13D Monitor Active-Passive Investor Summit.

“I am a lifelong Six Flags fan and grew up going to these parks with my family and friends,” mentioned Travis Kelce. “The chance to help make Six Flags special for the next generation is one I couldn’t pass up.”

“We look forward to working with the Six Flags board and management to unlock shareholder value for the benefit of all stakeholders,” added Scott Ostfeld.

About Glenn Murphy

Glenn Murphy is an completed shopper govt who brings a 30-year observe report of strategic and operational management throughout a number of main international manufacturers. He is the founder and Chief Executive Officer of FIS-Holdings Ltd., a excessive‐influence shopper‐centered funding agency. Prior to FIS Holdings, Mr. Murphy served as Chairman and Chief Executive Officer of Gap, Inc. from 2007 till 2014. Prior to that, he served because the Chairman and Chief Executive Officer of Shoppers Drug Mart Corporation from 2001 to 2007. Mr. Murphy presently serves as Executive Chair of the board of Petco Health and Wellness Company, in addition to Executive Chair of Wella Beauty. He beforehand served as Executive Chairman after which Chairman of the board of administrators of Lululemon Athletica, Inc. from April 2017 to August 2023.

About Dave Habiger

Dave Habiger is an completed expertise and media govt who brings many years of management expertise throughout a number of international firms. He presently serves as Vice Chairman of J.D. Power, the place he beforehand served as President and Chief Executive Officer from 2018 to 2025. Over his profession, Mr. Habiger has led a number of public expertise companies via vital progress and strategic transactions, together with serving as Chief Executive Officer of Textura Corporation via its sale to Oracle in 2016, Chief Executive Officer of NDS Group via its sale to Cisco Systems in 2012, and President and Chief Executive Officer of Sonic Solutions via its sale to Rovi Corporation. Mr. Habiger serves on a number of private and non-private firm boards together with as Chairperson of Reddit, and as a director for Boston Scientific and the Chicago Federal Reserve Board.

About JANA Partners

JANA Partners was based in 2001 by Barry Rosenstein. JANA invests in undervalued public firms and engages with administration groups and boards to unlock worth for shareholders.

Disclaimer

This press launch and the opinions herein are for common info solely, and usually are not supposed to be, nor ought to they be construed as, a suggestion to promote or a solicitation of a suggestion to purchase any safety, a advice to buy or promote any safety, or authorized, monetary, tax, funding, or different recommendation. Funds managed by JANA presently beneficially personal and produce other financial pursuits in shares of the Company. Travis Kelce has a monetary curiosity in sure of the Company’s securities, together with, however not restricted to, investments regarding the Company in such funds managed by JANA. These funds are within the enterprise of buying and selling (i.e., shopping for and promoting) securities and intend to proceed buying and selling within the securities of the Company. You ought to assume such funds, in addition to different funds by which Travis Kelce has a monetary curiosity, might occasionally promote all or a portion of their respective holdings of the Company in open market transactions or in any other case, purchase further shares (in open market or privately negotiated transactions or in any other case), or commerce in choices, places, calls, swaps or different spinoff devices regarding such shares, topic to relevant regulation. Consequently, JANA’s or Travis Kelce’s helpful possession of shares of, and/or financial curiosity in, the Company might range over time relying on numerous components, with or with out regard to their respective views of the Company’s enterprise, prospects, or valuation (together with the market value of the Company’s shares), together with with out limitation, different funding alternatives obtainable to them, focus of positions within the portfolios managed by them, situations within the securities markets and common financial and trade situations. JANA and Travis Kelce every reserve the correct to alter any of their respective opinions expressed herein at any time as they deem applicable and disclaim any obligation to inform the market or every other celebration of any such change, besides as required by regulation.

Press Contacts

Jonathan Gasthalter/Nathaniel Garnick
Gasthalter & Co.
JANA@Gasthalter.com
(212) 257-4170

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SOURCE JANA Partners