Hugo Naturals – Banner
Nothing Bundt Cakes – Banner
IHOP – Banner
Newhall School District – Public Hearing – Banner
Facey – Banner
College Of The Canyons – Banner
Brent’s Carpet One – Banner
Simply Taylored – Banner
Galpin Motors – Banner
All Americans Bail Bonds – Banner
Academy Swim Club – Banner
Valencia United Methodist Church – Luau Lunch – Banner
Adage IT – Banner
Union Bank – Banner
Disco Fever – Banner
AV Party Rental – Banner
Green Convergence – Sun Power – Banner
Patterson’s Collision Center – Banner
Beyond Harmony – Banner
Valencia United Methodist Church – Under God’s Sea – Banner
Action Family Counseling – Banner
Newhall Land – Banner
Today
It is forecast to be Clear at 7:00 PM PDT on May 03, 2015
Clear
78°/50°
Home » Santa Clarita News » Six Flags Says Goodbye To Chapter 11

Six Flags Says Goodbye To Chapter 11

coasterSix Flags Inc has reached a settlement deal that should allow the park franchise to exit bankruptcy by as soon as next week.

The deal was reached between Six Flags Inc and their creditors and cuts the companies debt from approximately $2.7 billion to around $1.15 billion.  The move also eliminates the current shareholders, which has caused the stock to drop more than 50 percent.

Six Flags has been in Chapter 11 for almost a year.

A company representative says that they could exit bankruptcy as soon as Monday.

“It’s business as usual here at Magic Mountain, we’re looking forward to a great summer,” said Sue Carpenter, spokesperson for Six Flags Magic Mountain.

 

Six Flags Says Goodbye To Chapter 11

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

About KHTS AM 1220

All American Bail Bonds – News Banner
Beyond Harmony – News Banner
College Of The Canyons – News Banner
Action Family Counseling – News Banner
Academy Swim Club – News Banner
AV Party Rental – News Banner
Hugo Naturals – News Banner
IHOP – Tile
Disco Fever – Tile
Newhall School District – Public Hearing – Tile
Galpin Motors – Tile
Beyond Harmony – Tile
Nothing Bundt Cakes – Tile