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Bankruptcy Watch – Six Flags

Six Flags has filed Chapter 11.   This bankruptcy has widely been predicted since last summer when the $4+/gallon which resulted in large drops in attendance.   The economic downturn hasn’t helped the situation.   For now, the parks will stay open.

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This entry was posted on Saturday, June 13th, 2009 at 6:01 pm and is filed under Bankruptcy Watch, Financial Collapse. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Bankruptcy Watch – Six Flags”

  1. robyn says:
    June 14, 2009 at 11:19 pm

    Just to confirm: Local Gannett paper right outside Philly had small blurb in today’s (Sunday) paper re this bankruptcy. Story said the company has huge amount of debt ($2.4 billion was the number, I think.) I thought the story was underplayed (in a news “round-up” listing inside the A section) considering there is a Six Flags park right near Trenton, NJ.

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