The parent company of Knott’s Berry Farm and Six Flags Magic Mountain floats the possibility during a quarterly earnings call.
The Wonder Woman Flight of Courage roller coaster at Six Flags Magic Mountain, left, and the HangTime coaster at Knott’s Berry Farm. The parent company of Knott’s Berry Farm and Six Flags Magic Mountain is considering the sale or closure of some of its 42 theme parks and water parks following the merger of the two largest regional amusement park chains in North America.
Six Flags listed “Portfolio Optimization” as a key objective as part of an investor presentation and promised a “comprehensive review of the portfolio to evaluate the potential divestiture of non-core assets to help reduce leverage.”
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