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Six Flags sells Maryland property to Kevin Durant investment firm

April 9, 2026 6:11 AM

Six Flags Entertainment Corporation (NYSE: FUN) announced that its subsidiary Six Flags America Property Corporation entered into a purchase agreement to sell real property in Prince George's County, Maryland. The buyer is a joint venture between 35V, an investment firm co-founded by NBA champion Kevin Durant and Rich Kleiman, and Atlanta-based TPA Group.

The transaction remains subject to buyer due diligence and other closing conditions. Six Flags stated it expects to use net proceeds from the sale to pay down the company's debt obligations.

The announcement was made on April 8, 2026, according to the company's press release statement.

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Corporate News Mergers and Acquisitions

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