financetom
Business
financetom
/
Business
/
Activist investor Jana teams up with NFL's Travis Kelce to pressure Six Flags
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Activist investor Jana teams up with NFL's Travis Kelce to pressure Six Flags
Oct 21, 2025 1:36 PM

NEW YORK, Oct 21 (Reuters) - Activist investor Jana

Partners has teamed up with football star Travis Kelce to push

Six Flags Entertainment ( FUN ) to improve its marketing and

customer experiences, the investor said, after disclosing a 9%

stake in the company.

Jana Partners' Scott Ostfeld announced the position at the 13D

Monitor Active Passive-Investment Summit in New York on Tuesday,

saying he has partnered with Kelce and two business industry

executives to pressure the company to improve its performance.

Shares of Six Flags shot up 17% on Tuesday after Ostfeld

spoke to $25.63.

The stock is down 58% since it completed a merger with

fellow theme park operator Cedar Fair in July 2024.

The stock has a market capitalization of roughly $2.6

billion, and has struggled this year as rainy weather at the

start of the summer kept visitors away from its parks.

Kelce, a star tight end for the NFL's Kansas City Chiefs, is

a popular podcast host who recently became engaged to singer

Taylor Swift. He has described himself as a theme park

"superfan" and has often visited the company's parks.

Jana is joining a field of activists approaching Six Flags

with ideas on how to improve the share price.

On Friday, the company said it added an executive from

activist hedge fund Sachem Head Capital Management to its board.

Consumer executive Glenn Murphy and technology executive

Dave Habiger are also working with Jana and could, along with

Kelce, serve as potential board nominees.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Alamos Gold Releases 2023 Annual ESG Report
Alamos Gold Releases 2023 Annual ESG Report
Jul 19, 2024
07:23 AM EDT, 07/19/2024 (MT Newswires) -- Alamos Gold ( AGI ) reported an 8% reduction in total Scope 1 and 2 greenhouse gas emissions for 2023 in its annual Environmental, Social, and Governance (ESG) Report that was released on Friday. The company, which says it reduced its energy consumption by 16% per ounce of gold produced, also reported zero...
--Texas Instruments Keeps Q3 Dividend at $1.30 a Share, Payable Aug. 13 to Holders of Record July 31
--Texas Instruments Keeps Q3 Dividend at $1.30 a Share, Payable Aug. 13 to Holders of Record July 31
Jul 19, 2024
07:27 AM EDT, 07/19/2024 (MT Newswires) -- Price: 207.43, Change: +1.56, Percent Change: +0.76 ...
Market Chatter: Capital One Faces Community Scrutiny Over $35 Billion Discover Acquisition
Market Chatter: Capital One Faces Community Scrutiny Over $35 Billion Discover Acquisition
Jul 19, 2024
07:22 AM EDT, 07/19/2024 (MT Newswires) -- Capital One Financial's ( COF ) CEO Richard Fairbank and other executives will face community groups at a public meeting on Friday convened by regulators to discuss its $35 billion acquisition of Discover Financial Services ( DFS ) , Reuters reported. The Federal Reserve and Office of the Comptroller of the Currency (OCC),...
Halliburton Q2 Adjusted Net Income, Revenue Advance -- Shares Decline Pre-Bell
Halliburton Q2 Adjusted Net Income, Revenue Advance -- Shares Decline Pre-Bell
Jul 19, 2024
07:28 AM EDT, 07/19/2024 (MT Newswires) -- Halliburton ( HAL ) reported Q2 adjusted net income Friday of $0.80 per diluted share, up from $0.77 a year earlier. Analysts polled by Capital IQ expected $0.80. Revenue for the quarter ended June 30 was $5.83 billion, up from $5.80 billion a year earlier. Analysts surveyed by Capital IQ expected $5.95 billion....
Copyright 2023-2026 - www.financetom.com All Rights Reserved