Pikahsso Presents: BlackManWithBlog Updated 247/365
www.pikahsso.com
www.twitter.com/pikahsso
www.myspace.com/pik
www.youtube.com/yucktoufube
www.myspace.com/awkquarius
Got Stuff You Want Me To Blog About:
email: pikahsso@yahoo.com or me@pikahsso.com
By Dawn McCarty and Steven Church
June 13 (Bloomberg) -- Six Flags Inc., the owner of 20 theme parks, sought bankruptcy protection 3 1/2 years after Washington Redskins owner Daniel Snyder become chairman and hired new managers in an attempt to return it to profitability.
The Chapter 11 petition filed in U.S. Bankruptcy Court in Wilmington, Delaware, listed assets of $3 billion and debt of $2.4 billion as of Dec. 31. Thirty-six affiliates also sought protection.
Snyder began a shakeup of Six Flags in late 2005 after winning three seats on the board. The 48-year-old company hasn’t posted an annual profit since 1998 and had losses of $558.8 million in the two years after Snyder became chairman.
CLICK HERE For The Rest Of This Story
Posts
No comments:
Post a Comment