JANA Partners Invests in Six Flags Entertainment Together with Travis Kelce
© JANA Partners/Six Flags
(eap) U.S.-based investment firm JANA Partners, which specializes in investing in undervalued public companies to enhance their long-term value through active collaboration with the management, has announced a new investment in Six Flags Entertainment Corporation (NYSE: FUN). Alongside Super Bowl Champion Travis Kelce, experienced business leaders Glenn Murphy and Dave Habiger are also part of the investor group. Together, the group holds an economic interest of approximately nine percent in the amusement park operator.
Scott Ostfeld, Managing Partner at JANA Partners, presented the investment during the 13D Monitor Active-Passive Investor Summit, announcing plans to work closely with the Six Flags Board of Directors and management to identify opportunities to increase shareholder value and enhance the guest experience.
Glenn Murphy, founder and CEO of the investment firm FIS Holdings Ltd. and former CEO of Gap Inc., and Dave Habiger, Vice Chairman of J.D. Power and a board member of several companies including Reddit, bring extensive experience from the consumer goods, technology, and corporate leadership sectors to the partnership.
Travis Kelce, who is currently in the media spotlight not only as a professional athlete but also due to his relationship and recent engagement with pop singer Taylor Swift, also referred to his deep personal connection to amusement parks in a social media post: As a child, he often visited Cedar Point and expressed his excitement, saying: “To all my fellow theme park and amusement park lovers. I have some exciting news!!! Couldn’t pass up the opportunity to continue the tradition and make Cedar Point and Six Flags even more special for the next generation of families! Excited to partner with JANA Partners as an investor in Six Flags. So crazy to even imagine this is real, but you gotta love it when life comes full circle.”
Cedar Point has been part of the Six Flags Entertainment Corporation since last summer’s merger of Cedar Fair and Six Flags (see EAP News of 2 July 2024). At the close of trading yesterday (Tuesday, October 21, 2025), Six Flags’ stock (NYSE: FUN) ended at USD 25.63 – marking a significant increase of 17.73 percent. ■
