Theme park owner Six Flags Inc. has unanimously appointed Washington Redskins owner Dan Snyder as non-executive chairman.
NEW YORK — Six Flags Inc., the theme park owner which is considering a possible sale, said Thursday it has unanimously appointed Washington Redskins owner Dan Snyder as non-executive chairman.
Six Flags also said the company remains up for sale and will consider bids made before mid-month.
On Tuesday, Six Flags shareholders voted to oust Chief Executive Kieran Burke as chairman and turned control over to Snyder, resolving a contentious proxy battle. More than 57 percent of shareholders also voted to remove Chief Financial Officer James Dannhauser and director Stanley Schuman from the board.
In a statement Thursday, Snyder confirmed that “all directors are committed to continuing the sale process.”
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Snyder, who holds about 11.7 percent of the company’s stock, launched his proxy battle against Six Flags in August. Six Flags responded by putting itself up for auction, and Burke said last week that the company had received a number of bids.
Michael Gellert continues to serve as lead independent director, Six Flags said.
Six Flags shares rose 3 cents to close at $7.49 Thursday on the New York Stock Exchange, where they have traded in a 52-week range of $3.72 to $7.74.