Magic Mountain is here to stay! Six Flags sold seven theme parks to PARC 7F-Operations Corporation, for $312 million. Magic Mountain was not included in the deal, and will stay right where it is in Valencia.
Three weeks ago, KHTS reported that in an effort to relive debt issues, Six Flags Corporate headquarters was looking to offload some parks and Magic Mountain was a potential sell. However, Six Flags officials quelled the rumor that the park would be sold to developers, insisting that only investment companies were looking into the purchase.
Six Flags Magic Mountain is the 2nd most profitable park in the Six Flags Family.
So now, with a smaller roster, it is likely that Magic Mountain and Hurricane Harbor will become even more solidified into the foundation of Six Flags Corporate.
Other parks that were sold include Six Flags Elitch Gardens in Denver, Houston’s SplashTown, Enchanted VillageSeattle and Frontier City/White Water Bay in Oklahoma City. Buffalo New York’s Darien Lake and Water World USA in Concord, California were also apart of the deal.