The Interpreter Posted July 1, 2008 Share Posted July 1, 2008 http://biz.yahoo.com/ap/080701/six_flags_i...tions.html?.v=1 http://biz.yahoo.com/prnews/080630/nym166.html?.v=101 And, perhaps partly as a result, the stock closed today at $1.05, down 10 cents. Quote Link to comment Share on other sites More sharing options...
RailRider Posted July 2, 2008 Share Posted July 2, 2008 I wondered if anyone else saw that. With the Death at SFOG Six Flags stock is not gong anywhere but down anytime soon. If it stays at these prices for more han 30 days its of the exchange. That spells death in the corporate world. At that point I would imagine either foreign money or smaller chains like Cedar Fair and Busch would acquire parks. The days are numbered for Six Flags, hate to say I told you so... Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 2, 2008 Author Share Posted July 2, 2008 Neither Cedar Fair nor Busch is in a position to be acquiring Six Flags at the moment, nor is that likely to change soon. At these prices, a hostile takeover, most likely by a foreign firm, is a distinct possibility. Insider selling can only hasten such a possibility. Quote Link to comment Share on other sites More sharing options...
RailRider Posted July 2, 2008 Share Posted July 2, 2008 I was saying a smaller chain as in Cedar Fair or Bush to acquire a park or a few. Just an example. Seriously though most of the parks would be better to sell for the land and auction off the rides. There are only a few that investors would want to purchase. Quote Link to comment Share on other sites More sharing options...
Delirium_Guy Posted July 2, 2008 Share Posted July 2, 2008 I was saying a smaller chain as in Cedar Fair or Bush to acquire a park or a few. Just an example. Seriously though most of the parks would be better to sell for the land and auction off the rides. There are only a few that investors would want to purchase. And to reinstate what Interpreter said, neither are in a position to even *think* about buying a park or few. Cedar Fair can barely handle what they currently have. A-B is just trying maintain control of the company and are cutting back expenses HARDCORE.....including operations in the Parks. - Todd Quote Link to comment Share on other sites More sharing options...
RailRider Posted July 4, 2008 Share Posted July 4, 2008 I was saying a smaller chain as in Cedar Fair or Bush to acquire a park or a few. Just an example. Seriously though most of the parks would be better to sell for the land and auction off the rides. There are only a few that investors would want to purchase. And to reinstate what Interpreter said, neither are in a position to even *think* about buying a park or few. Cedar Fair can barely handle what they currently have. A-B is just trying maintain control of the company and are cutting back expenses HARDCORE.....including operations in the Parks. - Todd And once again did you read my post? I said a smaller park like, not that they were going to. Read a post before you reply... Quote Link to comment Share on other sites More sharing options...
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