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Activist investor Land & Buildings is pushing Six Flags to spin off or sell its real estate, arguing it could unlock $6 billion in value and reprice shares. Six Flags stock rose 4% on the news.
Activist investor Land & Buildings is renewing its push for Six Flags to separate its real estate from park operations, citing a 55% stock decline.
Activist investor Land & Buildings is pushing Six Flags for a major strategic shift, including the potential sale or spinoff of its real estate assets.
Activist investment firm Land & Buildings is pressuring Six Flags to sell its real estate, which it estimates could be worth up to $6 billion.
