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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. [69] If not resolved, the company warned in its 2008 annual report [71] that the situation might require a Chapter 11 bankruptcy filing, with Six Flags already retaining counsel should that occur. [70]
Six Flags Entertainment Corporation, often referred to simply as Six Flags, is an American amusement park corporation headquartered in Charlotte, North Carolina, United States. It was formed on July 2, 2024, following a merger between longtime rivals Cedar Fair and the former Six Flags company .
On September 18, 2009, New Orleans fined Six Flags $3 million and ordered the company to vacate its lease with the park. [53] On June 13, 2009, Six Flags filed for Chapter 11 bankruptcy protection. The City of New Orleans took ownership of the park shortly after. As of early 2010, the site was overgrown with debris and weeds.
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 ...
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 ...
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 ...
James Reid-Anderson (born 12 April 1959) [1] is a British businessman who was formerly the president, chairman, and chief executive officer (CEO) of Six Flags Entertainment Corporation. Before working for Six Flags, Anderson was previously a healthcare adviser to both Apollo and the managing board of Siemens AG. Under Reid-Anderson, Dade ...
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 ...