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Six Flags on Financial Roller Coaster
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by Blue Crush | March 14, 2009 at 09:00 am
399 views | 16 Recommendations | 3 comments
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Six Flags amusement park operators are the latest to feel our current economy.
Six Flags has hired the boutique investment bank Houlihan Lokey to advise it on restructuring and the law firm Paul Hastings to prepare for a potential bankruptcy filing.
Shares of Six Flags Inc. fell Friday on growing speculation that the theme park operator may be forced to file for Chapter 11 bankruptcy protection after the company said it could not meet a looming financing obligation.
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Blue Crush
Toronto, Canada
Most RecentMost Recommended Comments (3)
at 09:55 on March 14th, 2009
Even six flags is feeling the heat... I'm not surprised as the admission prices is quite expensive in my opinion.
at 11:57 on March 14th, 2009
I've never been but it seems like people have less and less money for thse kinds of things.
at 17:55 on March 14th, 2009
Having a horrid winter can certainly affect anyones bottom line in the amusement business.