Six Flags bankrupt

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Theme park operator Six Flags filed for bankruptcy this weekend after a lengthy struggle with its debt load. The company is defaulting on $1.8 billion in oustanding obligations. Six Flags is the largest theme park operator in the U.S., with 20 parks scattered around the country as well as in Canada and Mexico.

Six Flags vows that the bankruptcy filing will not affect park operations, which are reaching peak season as schools let out for summer.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on June 14, 2009 5:48 PM.

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