Activist investor Jana Partners sent a letter to Six Flags' board on Tuesday urging the company to pursue a sale and to appoint a new chair. The push initiates a potential strategic review that could move the stock by roughly 1-3% and creates near-term governance and transactional uncertainty for shareholders.
Activist investor Jana Partners sent a letter to Six Flags' board on Tuesday urging the company to pursue a sale and to appoint a new chair. The push initiates a potential strategic review that could move the stock by roughly 1-3% and creates near-term governance and transactional uncertainty for shareholders.
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