00:00Six Flags, Randall, one you've been looking at with Janna Partners pushing for changes.
00:04What are they asking for? What is the activist doing?
00:06Well, they're asking them to pursue a sale and to set the scene.
00:09Six Flags merged with Cedar Fair to create the current company.
00:12So why is that important?
00:14So Cedar Fair is located, they have offices in Charlotte,
00:18but also they have one in Sandusky, Ohio, which is the rollercoaster capital of the world.
00:22Travis Kelsey, who's a brand ambassador, is from Cleveland Heights.
00:25That's about an hour drive.
00:26And so the Janna Partners board of directors, they applauded the fact that they have a deal with Travis Kelsey
00:32as a brand ambassador.
00:33But, of course, the overarching theme is that they want new leadership.
00:36I thought, are they, because a new CEO is coming in.
00:39Is that right?
00:41I mean, I guess when it's new leadership or even pushing for a sale,
00:44how realistic are these things as markets kind of slow down in terms of M&A?
00:49I think it's to be determined.
00:50I mean, I do think from an amusement park perspective, like, these are things that people want to go and
00:56see.
00:56But obviously, whatever Janna Partners is looking at is saying,
00:58hey, you guys have done some great things, but we think it's time to enter a new era.
01:02Also, who could be mad at Travis Kelsey being your spokesperson?
01:05Travis Kelsey has the energy of someone who attends these amusement parks, so it doesn't surprise me.
01:09And this is a hometown thing for him.
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