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December 22, 2024

Six Flags To Complete Purchase of Over Georgia & White Water

Austell, GA – Six Flags will purchase the remaining shares of Six Flags Over Georgia and Six Flags White Water, to consolidate ownership of the parks.

Six Flags Entertainment Corporation in a SEC filing, revealed that it will use an option in its long-standing partnership agreements to purchase the remaining shares of the parks. Six Flags Entertainment Corporation operates both parks, but doesn't outright own them.

Six Flags will pay $332.6 million to buy the shares, but the amount is subject to change depending on inflation before the deal closes in early 2027. When the agreement was started in 1997, the partnership was valued at $250 million. As of the end of 2023, adjusted for inflation, the value increased to $483.5 million.

Six Flags has been involved in the operation of Six Flags Over Georgia since it opened in 1967. The second gate, Six Flags White Water waterpark, opened in 1984.