June 18, 2009 – News Today

Six Flags Files For Chap. 11 Bankruptcy

Heavily endebted theme park owner Six Flags has filed for Chapter 11 bankruptcy protection.

Its 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.