Ride Over? Six Flags Declares Bankruptcy

By caitlin.mcdevitt - The Big Money

Amusement park operator Six Flags declared bankruptcy yesterday, but says that it will keep its parks open, at least for now. According to the Washington Post, the company is carrying $2.4 billion in debt. Despite the fact that Six Flags reported 25 million visitors and posted record revenues in 2008, the debt is simply unsustainable, the Associated Press reports.

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