Six Flags subsidiary to sell Maryland real property to JV of Kevin Durant's 35V and TPA Group

Six Flags Entertainment Corporation/NEW

Subsidiary Six Flags America Property Corp. entered purchase agreement to sell certain real property in Prince George's County, MD.
Buyer is a joint venture between 35V (Kevin Durant and Rich Kleiman) and Atlanta-based TPA Group.
Transaction subject to buyer's diligence and other closing conditions; no financial terms disclosed.
Net proceeds expected to be used to pay down company's debt obligations.

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