Sunday, June 14, 2009

Six Flags seeks protection from creditors

Will treasured childhood memories held by my children and me turn to dust? Is the ride over?

Six Flags, the amusement park operator, has declared bankruptcy but says that it will keep its parks open, at least for now. According to the Washington Post, the company is carrying $2.4 billion in debt. According to the Associated Press, Six Flags reported 25 million visitors and posted record revenues in 2008.

1 comment:

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