Six Flags to close California’s Great America after 2027, says more park sales are being discussed

The company that owns Six Flags Great America in Gurnee said discussions about selling more of its parks are underway, a day before it set 2027 as the final season for its other Great America park in California. Six Flags Entertainment Corporation, which owns Six Flags Great America in Gurnee, discussed its third-quarter financial results during a call with investors on November 5. Six Flags President and CEO John Reilly said during the call that the company is actively reviewing its parks and real estate, including potential sales of “noncore assets,” to unlock value, reduce debt and improve its cash position. “We carry more debt than we want, and bringing it down is a priority,” Reilly said. An analyst asked Reilly whether the company had become more open to selling or shutting down additional parks than it was three months ago.

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