Six Flags Inc. being put up for sale in auction process.

[SFaddiction84]

cant CF just offer to buy SFGA from the chain? why cant SFI just sell off certain parks......here is a senario.....say (JUST A GUESS) they sell SFGA to CF for like 1 mill. they can use that 1 mill. to pay back some of the debt. or something

remember, its a senario/guess so no need to PROVE me wrong or nothing

Also, why cant CF buy the rights, or pay for them to be transfered over to the CFI company? or is that a big no no?

[SF Critic]

^Whoa buddy, SFGAdv is worth about 800 Million dollars. The other SF parks are worth about 100 Million. Theme parks aren't that cheap to buy.

Six Flags is 2 Billion in debt.

P.S. I get your senario/guess though.

[clrntsqueak]

I don't want names to change.... or themeing to be changed. It's all fine and dandy the way it is. ughh..

[SFaddiction84]

ya, i didnt know how much they were worth, so i kinda Guestimated

[RBull4life]

It did say it could be a potential buyer for underperforming parks.

They mean CF could be a potential buyer?

Would CF really consider this? I don't think (I could be wrong) Geaunga Lake has been doing very well since CF took over. Why would they (Cedar Fair) even consider buying other underperforming Six Flags parks? If they do that, they could possibly put themselves in the same situation that Six Flags found themselves in. In Debt.

[twixmix0303]

Would the name no longer be Six Flags Great America?

Depends on who buys the chain. If an outsider other than CF, Viacom, Universal, etc, etc buys the chain, then I would think that it would remain Six Flags. If Cedar Fair buys it, or any of the other big companies, then no, it would probably be just Great America.

No offense, but that's the stupidist thing I've ever heard! If Six Flags no longer owns the park, what do you think gives the buyer the right to Six Flags advertising? Six Flags is registered, trademarked, who knows what else, they don't just let anyone go and call their park Six Flags. If Joe Schmo opened a burger joint, he couldn't just start calling it McDonald's without getting a franchise.

[RBull4life]

No offense, but that's the stupidist thing I've ever heard! If Six Flags no longer owns the park, what do you think gives the buyer the right to Six Flags advertising? Six Flags is registered, trademarked, who knows what else, they don't just let anyone go and call their park Six Flags. If Joe Schmo opened a burger joint, he couldn't just start calling it McDonald's without getting a franchise.

None taken. I just meant that if, shall we say, I buy the McDonalds franchise, I am buying the rights, the name, and everything else that has to do with McDonalds. I am not spending billions of dollars to buy a well known, and establised franchise, only to have the sellers tell me that I can't use the name McDonalds, and the goofy clown as a mascot. If Joe Schmo buys Six Flags Inc, I beleive that he is buying not only the parks, but the name, and everything else that comes along with it.

I once worked at a company that was bought out by another company. My company name was trademarked, yadda, yadda, yadda. When we were bought out, the company who purchased us, kept our name, the advertising, the catalog, and just about everything else. They kept our name for a few years until we just became one comapny.

[rich12_16]

This couldn't cause any parks to close could it?

[RBull4life]

I have 27 bucks.....

I could put my condo up for sale and maybe have enough to buy a dippin dots stand.

[twixmix0303]

None taken. I just meant that if, shall we say, I buy the McDonalds franchise, I am buying the rights, the name, and everything else that has to do with McDonalds. I am not spending billions of dollars to buy a well known, and establised franchise, only to have the sellers tell me that I can't use the name McDonalds, and the goofy clown as a mascot. If Joe Schmo buys Six Flags Inc, I beleive that he is buying not only the parks, but the name, and everything else that comes along with it.

I once worked at a company that was bought out by another company. My company name was trademarked, yadda, yadda, yadda. When we were bought out, the company who purchased us, kept our name, the advertising, the catalog, and just about everything else. They kept our name for a few years until we just became one comapny.

Actually, I think I misread your post. The way Jon worded it, I was thinking another company was buying out Great America, but Six Flags was still in existance. Then I reread your post, and realized you were talking about the chain, rather than one park. Sorry about that.

[FParker185]

Well, was rading an article and the comment from CF says they can neither confirm nor deny their interest in the Six Flags chain (not an outright no).

I really doubt they would though, and if they did, they are officially on the record as being Anti-themeing. Dick Kinzel says the coasters are the themeing of a park. Instead of spending money on themeing/maintaining themeing, they would rather spend it on capital investment (both good and bad) but it would really suck for a park such as SFGAm.

[RBull4life]

Actually, I think I misread your post. The way Jon worded it, I was thinking another company was buying out Great America, but Six Flags was still in existance. Then I reread your post, and realized you were talking about the chain, rather than one park. Sorry about that.

No problem

[greatamerica2003]

Would some parks close? Thats very likely. I would think its almost a given.

Whomever decides to make SFI theirs, assumes all of the debt and property that comes with it. And the first thing that I'd expect this new owner to do is rid themselves of properties that don't preform. SFNO, SFDL, and some smaller places like White Water Bay and Frontier City, American Adventures and the like. I see a group of 8-10 parks surviving.

And if they can't get a buyer for a theme park, then I think removing the rides and bulldozing whats left for condos or other development is'nt out of the question, and actually a smart thing to do.

The fact is the company is TOO BIG.

[planea380]

SFGAm is not a underperforming park.

I could never disagree more, there is soo much untouvhed potential in the park that it is sad. I as a stock holder am a Snyder fan and really hopes he buys the company, but there is no way he would. On the other hand I do see two companies that may....Anyone remeber Comcast wanting Disey....The Second company would have to be Marcus Inc. The local hospitality/lesiure giant. Not only do they have the money to buy the comapny, but to also pay off its debt, and fix up a few parks. The marcus company is a perfectionist company and I could see great things if they owned Six Flags.

[Binks Drake]

I personally wouldn't like Comcast to get ahold of SFGAm. It's already everywhere, and I'm sick of it! Although I can see why you as a stockholder wouldn't mind.

BTW: Are you back? You haven't posted in a long time...

[Timmy179]

I hope oprah gets in the bidding.

[sfgam05]

We should write a letter to the Fonz. He'll then come and save the day and still have time to hit a jukebox causing it to play a song of his choice. If only.......................

[rctfan1556]

We should write a letter to the Fonz. He'll then come and save the day and still have time to hit a jukebox causing it to play a song of his choice. If only.......................

Get him to hit the soda machine, FREE SODA!

[FParker185]

sometimes you do get lucky and hit the jackpot on soda machines

one time I was parched right around close and water just wasnt going to fit the bill (was before I was a huge water drinker), so I put my $2.50 into a soda machine over by East River Crawler, hit the button, machine makes noise then stops, no soda. I was getting worried then it started up again and proceeded to empty the entire slot of coke out, luckily i had bought something earler in the day so I had a bag to carry the 11 bottles of coke I could fit in my bag and the one I was drinking. (was still dispensing when I couldnt cary any more and walked away with my now buldging and heavy bag. Cant complain

Though i do think that was the last time I got soda in the park(or at least paid for it, not counting picnic all you can drink situations)

[SF Critic]

This is what I found Today

Redskins owner Daniel M. Snyder yesterday took another run at persuading shareholders of Six Flags Inc. to effectively turn over control of the company to him and his hand-picked team, saying that shareholders are not likely to get a better offer. Snyder also took issue with the company's recent decision to close a theme park in Houston and suggested he might sue if the company tries to sell off any more of its assets before shareholders make up their minds.

Read More Here: http://www.washingtonpost.com/wp-dyn/co ... 01984.html