No, Six Flags filed for Chapter 11 bankruptcy rather than Chapter 7. Chapter 11 bankruptcy is filed so that a company can restructure it's debt, eliminating much of it, and come out a stronger company. They may close some under performing parks or sell them to another corporation but the parks should remain open in the meantime.
Six Flags is planning to stay open at this time.
Yes. Most of Six Flags bondholders also bought CDS protection, and unlike most bankruptcies where bondholders try their best for companies to stay away from Ch11, it is believed that in this case the bondholders actually pushed the firm to file for bankruptcy.
No, Six Flags filed for Chapter 11 bankruptcy rather than Chapter 7. Chapter 11 bankruptcy is filed so that a company can restructure it's debt, eliminating much of it, and come out a stronger company. They may close some under performing parks or sell them to another corporation but the parks should remain open in the meantime.
Oh yeah. I love Six Flags. So worth going.
It is not closing. Six Flags filed for Chapter 11 bankruptcy rather than Chapter 7. Chapter 11 bankruptcy is filed so that a company can restructure it's debt, eliminating much of it, and come out a stronger company. They may close some under performing parks or sell them to another corporation but the parks should remain open in the meantime.
I am going to visit Houston, Texas and Six Flags over the summer.
probably because six flags is goin bankruptcy beta start gettin ur tickets now if ur goin to six flags or it will be like 5 dollars or more n like da summer
yes. it has been relocated to six flags new england, in massachusetts.
This Friday, @ six flags. im going[: it will be amazing ! the tickets are only 40$, so cheap !!!
There is NO six flags in NH. There is Canobie lake Park which is off of exit 2 on 93 in Salem NH. The closest six flags is in Spring field mass close to Connecticut. In a few years Six Flags is taking over Water Country in Porthsmouth.
9pm Or 10pm
Because of hurricane Katrina