secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corporation/NEW (FUN)
CIK:        0001999001
Form:       8-K
Filed at:   2024-12-23T23:59:59+00:00
Accession:  0001193125-24-284176
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Six Flags exercises option to acquire remaining ~68.5% interest in SFOG for ~$332.6M by Jan 2027
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- On Dec 17, 2024, Six Flags notified Georgia Purchaser to exercise end-of-term option to acquire minority stake in Six Flags Over Georgia and White Water Atlanta.
- Purchase price based on original $250M partnership value adjusted by CPI; as of Dec 31, 2023, adjusted value $483.5M → ~$332.6M for 68.5% stake.
- Transaction expected to close Jan 12, 2027, with final CPI adjustment; Six Flags will also acquire related general partnership and managing member interests.
- Exercise ensures Six Flags will own 100% of SFOG assets, eliminating the minority interest structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999001/000119312524284176/0001193125-24-284176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999001/000119312524284176/d920429d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-284176

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer