Q:

Does the closing of Kentucky Kingdom mean that other Six Flags parks will be closing or sold?

2
Like
Answer
Comment
Flag
Thanks for your feedback!
A:

1 Answer

rank
1
1
Like
Comment
Flag
Absolutely not...this is an isolated situation. The current lease was simply not sustainable in the current economic environment. The rent was way too high, making it extremely difficult for the park to achieve profitability year in and year out. Six Flags was hopeful that a deal could be reached with the State Fair Board to re-negotiate the lease price to keep the park open but the State Fair Board wouldn't budge. Therefore, we decided to reject the lease and cease operations, a right we are entitled to in our restructuring process. All of our other parks are profitable and are located largely on company-owned land, therefore the Kentucky Kingdom situation is not at all applicable.  more

Related Videos

Add your answer...

Top Answerers

1.
Cheap SSL Certificates
7 Answers in the past week
2.
vanity fair
7 Answers in the past week
3.
Robert Turner
4 Answers in the past week

Top Askers

1.
Frank Bell
2 Questions in the past week
2.
Frank Bigaglow
3 Questions in the past week
3.
Charles McAtee
2 Questions in the past week

Top Supporters

1.
Tom Wagner
9 Likes given in the past week
2.
Susan Brunner
3 Likes given in the past week
3.
CableAnd OtherThings Too
2 Likes given in the past week
...