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Travis Kelce has joined activist investor Jana Partners and executives Glenn Murphy and Dave Habiger in an investment group with roughly a 9% economic interest in Six Flags Entertainment, sending shares up more than 15% Tuesday. The group plans to work with the board on ways to enhance shareholder value and improve the guest experience. Kelce called the effort personal, saying he grew up visiting the parks. The move comes as Six Flags looks to revive attendance and profitability after leadership changes and a pandemic slump; despite the pop, the stock is still down about 48% this year.

Prepared by Christopher Adams and reviewed by editorial team.