Six Flags Waives Purchase Option for Texas Park

(eap) Six Flags Entertainment Corporation recently announced that it would not exercise its contractually agreed call option to acquire the remaining non-controlling partner interests in the Six Flags Over Texas amusement park in Arlington, Texas. This decision was made following an internal strategic review. Under the existing terms of the agreement, Six Flags would have had to declare its intention to exercise the option by December 31, 2025, at the latest, with payment due in January 2028. According to company president and CEO John Reilly, the purchase option does not currently align with the company’s strategic objectives and capital allocation priorities.

Reilly describes the decision as a difficult but deliberate step. However, the park continues to be considered a significant and historically important part of the Six Flags portfolio. At the same time, the company reaffirmed its long-term commitment to the location and announced that it would continue its dialogue with its partners.

Six Flags will continue to operate and manage the Texas park based on the existing agreement. Investments in infrastructure, new attractions, and improvements to the guest experience will continue. The Texas park has already announced a new record-breaking roller coaster from B&M for 2026, called “Tormenta” (see EAP news 26 Sept 2025). The decision to waive the call option has no impact on Six Flags Over Georgia, for which Six Flags had already exercised the corresponding purchase option in December 2024. ■