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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.
Citi analyst James Hardiman has maintained a "Buy" rating for Six Flags stock with a $33 price target, citing a major shareholder's push to monetize real estate.
Activist investor Land & Buildings has urged Six Flags Entertainment to sell or spin off its real estate to unlock shareholder value amid post-merger challenges.
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 urging Six Flags to sell its real estate, valued at $5.67 billion, and has identified casino REIT VICI Properties as a likely buyer.
Activist investor Land & Buildings is publicly urging Six Flags to sell its real estate holdings, a move it claims could be worth up to $6 billion.
Activist investor Land & Buildings is pushing Six Flags for a major strategic shift, including the potential sale or spinoff of its real estate assets.
Land & Buildings Investment Management is publicly urging Six Flags Entertainment to sell or spin off its real estate, a move it claims could unlock $6 billion in value.
Activist investment firm Land & Buildings is pressuring Six Flags to sell its real estate, which it estimates could be worth up to $6 billion.
