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Six Flags Selling Parks for $312 Million

Thu Jan 11, 2007 10:51 AM EST
business, sale, north-american, six-flags
Michelle Chapman, AP Business Writer

The Six Flag Inc. owned Frontier City amusement park is shown in Oklahoma City, in this Aug. 25, 2005, file photo. Theme-park operator Six Flags Inc., which has been struggling with falling attendance and a large debt load, said Thursday, Jan 11, 2007, it will sell seven of its parks for $312 million. The seven parks include Six Flags Darien Lake in Buffalo, N.Y.; Six Flags Elitch Gardens in Denver; Frontier City and the White Water Bay water park in Oklahoma City; SplashTown in Houston; Waterworld USA in Concord, Calif.; and Wild Waves and Enchanted Village in Seattle. (AP Photo, file)

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  • Public Discussion (6)
the daily phosdex

Will Six Flags Magic Mountain likely be next to be sold?

I, for one, hope so--and hopefully to such who can make a comeback of its family-friendly image from back in the 1970's; remember those Trolls by name of Bloop and Bleep?

    Reply#1 - Thu Jan 11, 2007 12:33 PM EST
    Miss Dev

    Wow - the news today just gets better and better. Hopefully Elitch's will regain its lost dignity and return to a really fun place for us locals to go when we're bored.

    Oh - and Six Flags - maybe if your prices weren't so outrageous and the atmosphere a little more "fun" and less "corporate", people would actually go to your parks!

    • 1 vote
    Reply#2 - Thu Jan 11, 2007 1:51 PM EST
    tigerblade

    apparently mine is safe. so that's nice... ya know, just in case I decide to go down there. so far it seems to be about once every six years or so.

      Reply#3 - Thu Jan 11, 2007 3:52 PM EST
      tigerblade

      Of Six Flag's 30 North American parks, only 29 are currently operational. Six Flags New Orleans has been shut down since Hurricane Katrina in 2005.

      oh noes!!! only 29 of 30? how is the company managing to stay afloat with so MANY of its parks closed?

      I'm wondering why they felt they needed to include the "only" bit, if you didn't notice.

      • 1 vote
      Reply#4 - Thu Jan 11, 2007 3:54 PM EST
      the daily phosdex

      oh noes!!! only 29 of 30? how is the company managing to stay afloat with so MANY of its parks closed?

      Many are obviously closed for the season, especially in colder climates.

        #4.1 - Fri Jan 12, 2007 2:03 PM EST
        tigerblade

        Yes, I understand that not all the parks are able to stay in business year round due to weather and such, but that's not what the article was talking about. The article stated that *only* 29 of 30 total parks were *operational* which I took to mean that *only* those 29 are even able to do business. A park destroyed by a hurricane isn't in any kind of shape to be hosting visitors. I'm just curious why they felt to include that statistic, seeing as how ALL BUT ONE of the parks are "operational." I think that would have been a better way to phrase it -- "all but one" instead of "only 29 of 30." Had it been a smaller number, like "only 8 of the 30 are operational" then it would have made sense.

        • 1 vote
        #4.2 - Fri Jan 12, 2007 7:17 PM EST
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