Dorney Park could be sold if owner Six Flags restructures, analyst warns

Image for article Dorney Park could be sold if owner Six Flags restructures, analyst warns
News Source : Lehighvalleynews.com

News Summary

  • Dorney Park's parent company, Six Flags, is sitting on roughly $5.5 billion in debt.
  • The company merged with Cedar Fair last year to become Dorney Park’s parent company.
  • In May, it was announced that Six Flags America and Hurricane Harbor in Maryland, would close Nov. 2.
  • In August, during the company's second-quarter earnings call, came this report: Attendance dropped 9%, season pass sales were off 8%, revenue was down $100 million.
SOUTH WHITEHALL TWP., Pa. Haunted attractions and bonechilling entertainment may not be the scariest thing about Dorney Park this fall.There could be big trouble ahead for the venerable Lehigh Val [+11978 chars]

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