Six Flags Announces acquisition of Waterworld- more on the way?

[GuyWithAStick]

https://twitter.com/x/status/857713492392103939

http://investors.sixflags.com/news-and-events/press-releases/2017/04-27-2017-214449204

GRAND PRAIRIE, TEXAS--(BUSINESS WIRE)-- Six Flags Entertainment Corporation (NYSE:SIX), the world’s largest regional theme park company, today announced it has entered into an agreement with EPR Properties, owner of Waterworld California, to operate the water park located in Concord, California. Waterworld California, formerly owned and operated by Six Flags, is Northern California’s largest water park and is located 18 miles southeast of Six Flags Discovery Kingdom. The agreement is subject to approval by the City of Concord.

This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/news/home/20170427006844/en/

Six Flags Welcomes Back Waterworld California as 20th Property (Photo: Business Wire)

“This is an exciting new venture and a great opportunity to provide families with more entertainment options in this important market,” said Six Flags President and CEO John Duffey. “Guests in Northern California will now have the opportunity to enjoy two beautiful Six Flags parks. This is truly a win-win, as we welcome our 20th property—Waterworld California—back into our family of parks.”

The 30-acre Waterworld California features more than 35 water attractions, including the region’s largest wave pool, an interactive children’s play area and its newest offering—Break Point Plunge. This heart-pounding, 270-foot long looping thrill ride launches riders in a capsule from a height of more than six stories. Other extreme slides include Honolulu Halfpipe—a mammoth curved tube slide—and Cliffhanger, one of the park’s signature speed slides.

Waterworld California opens for the 2017 season on May 13. Six Flags Discovery Kingdom is now open Fridays, Saturdays and Sundays and opens for daily operation, beginning May 26. For more information, visit www.sixflags.com or www.waterworldcalifornia.com.

Six Flags seems to be interested in waterparks as of recent, more specifically those in close proximity to pre-existing parks. Perhaps they're trying to get some Double-Ticket sales going on? Possibly more of these acquisitions on the way?

 

[CanobieFan]

I believe this was actually already owned by Six Flags and was sold off back when they dumped Elitch and Darien (and put SFMM up for sale!)

 

[Jake Martell]

^ Would be awesome if they picked Darien and Elitch's back up and gave them some much needed love. Six Flags has been generally pretty good at distributing their investments lately and they could probably reinvigorate those parks!