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Worlds of Fun, is a 235-acre (95 ha) theme park located in Kansas City, Missouri, United States. Owned and operated by Six Flags Entertainment Corporation , it was founded by American businessmen Lamar Hunt and Jack Steadman under the ownership of Hunt's company, MId-America Enterprises in 1973.
Six Flags Theme Parks, Inc. was later bought out by Premier Parks – an Oklahoma-based real estate firm and theme park chain – on April 1, 1998, for $1.86 billion. [4] Premier began to apply the Six Flags name to several of their existing properties in North America and Europe, eventually fully assuming the brand name in 2000.
A bought out deal is a method of offering securities to the public through a sponsor or underwriter (a bank, financial institution, or an individual). The securities are listed in one or more stock exchanges within a time frame mutually agreed upon by the company and the sponsor.
Seaworld Entertainment bought back 5.6 million shares from an affiliate of Pacific Alliance Group in late May 2019. While Pacific Alliance Group separately sold 13.2 million shares to Hill Path Capital. Hill Path share of the company after the purchases was a controlling stake of 34.5%.
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Oceans of Fun is a tropically themed water park that opened on May 31, 1982, in Kansas City, Missouri, to celebrate the tenth anniversary of the adjacent Worlds of Fun amusement park. When it opened, it was the largest water park in the state of Missouri. It is owned and operated by Six Flags Entertainment Corporation.
The "out and back" loops of Timber Wolf. After Worlds of Fun's purchase by Cedar Fair in 1995, trim brakes were added to the Timber Wolf's first drop, slowing the ride considerably, similar to the now defunct Mean Streak at Cedar Point and the now defunct Hercules at Dorney Park & Wildwater Kingdom. [3]
The third dollar can go toward fun. “Buy what you would like to have, but don’t have to have,” John said. “And if you don’t want it, put it back in number two.