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Six Flags CEO Mark Shapiro said that the company's problem was the declining attendance and cash flow created by his new management initiatives. [67] If not resolved, the company warned in its 2008 annual report [69] that the situation might require a Chapter 11 bankruptcy filing, with Six Flags already retaining counsel should that occur. [68]
Six Flags Entertainment Corporation, ... Six Flags filed for Chapter 11 bankruptcy protection in 2009 but continued to operate the parks as normal.
Some of Six Flags' 42 theme parks throughout the U.S. could be closing, The Independent is reporting. On Wednesday, Six Flags Entertainment Corporation released its quarterly earnings report ...
Six Flags New Orleans was a theme park located near the intersection of Interstate 10 and Interstate 510 in New Orleans. [3] It first opened as Jazzland in 2000, and a leasing agreement was established with Six Flags in 2002 following the previous operator's bankruptcy proceedings. [4]
Its TV commercials would count this as "no flags": Six Flags, which operates 20 amusement parks, filed for Chapter 11 bankruptcy Saturday. It's been one long downhill ride for the thriller, which ...
Jefferies analyst David Katz initiated coverage on Six Flags Entertainment Corporation (NYSE:FUN) with a Buy rating and a price target of $59.00. The analyst writes that the merger of Six Flags ...
By 1990, Six Flags was on the verge of bankruptcy. Time Warner, which had held a major influence at Great America since the beginning through the licensing of its Looney Tunes characters, was a minority owner in the company and it purchased an additional share of the company for a controlling interest of 50 percent. The entrance of the ...
Cedar Fair is set to merge with Six Flags, creating a portfolio of 42 theme parks across 17 U.S. states, Canada, and Mexico. The new company will be worth about $8 billion, taking into account the ...