But in this case, Kelce is part of an activist group focused on Six Flags Entertainment Corp. NYSE: FUN, the theme park operator that frequently induces nausea among both guests and shareholders.
The football star is enthusiastically backing a hedge fund that's looking to shake America's largest theme-park operator out of its funk. ‘I could not pass this opportunity up, man.
Jana partnered with Travis Kelce and others in an investment in Six Flags Entertainment. The group hopes to improve the regional amusement park operator's business.
An activist group led by Jana Partners and Travis Kelce has built up a 9% position in Six Flags, with plans to contest for change. The stock has lost roughly half its value since completing the merger of Six Flags and Cedar Fair.
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