[Cephas]

Its kind of interesting how both SFOG and carowinds are up for sale at the same time. I'm sure that little SFOG detail [you heard it here first] will greatly effect the bidding for carowinds.

[dukefanswimmer89]

idk... six flags is looking to sell the whole chain, and even if they sold off individual parks - im sure they'd keep one of their top parks in the chain right about now


i don't see cedar fair buying SFOG or carowinds..
if cedar fair buys Six Flags, it will have SFOG... i don't see it happening. If they don't buy the chain, they won't buy SFOG individually....

carowinds is an easier target for these companies because there's no rush/no reason to sell the parks, especially together

i think that Viacom may sell parks individually, but a group sale would make it easier to get something out of PGA - individually it isn't worth much

[Cephas]

The entire properties of SFOG and SFKK are most definately up for sale.

Your arguing against facts Lucas.

[dukefanswimmer89]

im sorry
Six Flags is no longer up for sale

Article : <a href='http://biz.yahoo.com/ap/051213/six_flags_shapiro.html?.v=2' target='_blank'>http://biz.yahoo.com/ap/051213/six_flags_shapiro.html?.v=2</a>

OKLAHOMA CITY (AP) -- Former ESPN programming director Mark Shapiro is the new president and chief executive officer of Oklahoma City-based theme-park giant Six Flags Inc., the company announced on Tuesday.

At a board meeting in New York, Six Flags directors voted to replace longtime CEO Kieran Burke with Shapiro and decided not to sell the company, Shapiro said in a brief telephone interview with The Associated Press.

"The sale process has concluded," Shapiro said. "The board didn't see any bid that was attractive enough to proceed in that direction."

Shapiro said the board also voted to expand from seven to 10 members, adding former Miramax head Harvey Weinstein, former Secretary of Housing and Urban Development and vice presidential candidate Jack Kemp and Michael Kassan, an entertainment and media consultant.

"We're going to unleash a new creative energy from this company and we're going to make Six Flags a destination instead of a field trip," Shapiro said.

Horrible rebuttal.

QUOTE
At a board meeting in New York, Six Flags directors voted to replace longtime CEO Kieran Burke with Shapiro and decided not to sell the company,


How are you using this to warrant your statement that six flags isn't selling parks? I only see that they aren't selling the entire company.

It is a very different thing to sell off the entire company than it is to sell off a few properties. Six flags has already admitted that they are currently selling off some land surrounding many of their parks, and I don't see how selling a park or two is any different. The park is also land-it only has some very special things built on that land.

Lucas, your loosing this one.

LOL!!!

at least learn how to spell!

there's several reasons why im right

1. You have given me nor anyone else any reason to believe that any park is going to be sold
2. the new CEO and shot-caller both have publicly cited that they will not be selling the chain. There was no discussion of selling any parks, even individually. I'm sure you remember, unless you really want me to digup another article, that Dan Snyder is VERY against selling ind. parks, and petitioned the SEC to stop the selling of SFAW. so at this point, peter, your losing this one. and yes i can spell english.

[Cephas]

Horrible rebuttal.

At a board meeting in New York, Six Flags directors voted to replace longtime CEO Kieran Burke with Shapiro and decided not to sell the company,

How are you using this to warrant your statement that six flags isn't selling parks? I only see that they aren't selling the entire company.

It is a very different thing to sell off the entire company than it is to sell off a few properties. Six flags has already admitted that they are currently selling off some land surrounding many of their parks, and I don't see how selling a park or two is any different. The park is also land-it only has some very special things built on that land.

Lucas, your loosing this one.

[Cephas]

I know I'm double posting, but lucas called a cheap one and edited his post.

His edits:

1. You have given me nor anyone else any reason to believe that any park is going to be sold
2. the new CEO and shot-caller both have publicly cited that they will not be selling the chain. There was no discussion of selling any parks, even individually. I'm sure you remember, unless you really want me to digup another article, that Dan Snyder is VERY against selling ind. parks, and petitioned the SEC to stop the selling of SFAW. so at this point, peter, your losing this one. and yes i can spell english.

1-I am holding the wall street journal artical right now. SFOG is for sale.

2-I have already proved that selling the company is completely different than selling off individual parks (which you can't possibly rebut). Furthermore, they used the word company (not chain) in the link you posted. I believe that you may be misinterpreting your own 'evidence.' Also, it means nothing that snyder hasn't mentioned the selling of parks. Do you really think that corperate leaders make all their little secrets public?

at least learn how to spell!

Do you really expect anybody to take you seriously when you start reverting to garbage like this? This is the whining of a 13-year-old. "Flames" like this should at least contribute to the thread. :rolleyes: How lame.

[dukefanswimmer89]

I know I'm double posting, but lucas called a cheap one and edited his post.

His edits:

1. You have given me nor anyone else any reason to believe that any park is going to be sold
2. the new CEO and shot-caller both have publicly cited that they will not be selling the chain. There was no discussion of selling any parks, even individually. I'm sure you remember, unless you really want me to digup another article, that Dan Snyder is VERY against selling ind. parks, and petitioned the SEC to stop the selling of SFAW. so at this point, peter, your losing this one. and yes i can spell english.

1-I am holding the wall street journal artical right now. SFOG is for sale.

2-I have already proved that selling the company is completely different than selling off individual parks (which you can't possibly rebut). Furthermore, they used the word company (not chain) in the link you posted. I believe that you may be misinterpreting your own 'evidence.' Also, it means nothing that snyder hasn't mentioned the selling of parks. Do you really think that corperate leaders make all their little secrets public?

at least learn how to spell!

Do you really expect anybody to take you seriously when you start reverting to garbage like this? This is the whining of a 13-year-old. "Flames" like this should at least contribute to the thread. :rolleyes: How lame.

someone's on PMS

six flags isn't up for sale, i dont care anymore...

if you think SFOG is for sale. Great. i don't

and i wasn't cheap... i was following the rules. you could edit your post too.


At least we know for sure Paramount Parks are for sale. And we know that many different companies will probably look at buying them. Good thing it won't be SF.

[coasterbruh]

Why is this like watching two physically handicapp kids fight?

Jarvis "crawls back under his rock..." Morant

[Cephas]

I am recieving too much blame for dukie's crap-I wasn't the one who started debating against facts.

Furthermore, I'm afraid we only have one physically handicapped kid here. I wasn't the one who started whining and posting irrational garbage. Lucas doesn't lose often, so he dosen't know how to take it.

See exhibit A:

someone's on PMS

six flags isn't up for sale, i dont care anymore...

if you think SFOG is for sale. Great. i don't

and i wasn't cheap... i was following the rules. you could edit your post too.


At least we know for sure Paramount Parks are for sale. And we know that many different companies will probably look at buying them. Good thing it won't be SF.

And everyone, don't worry. I photocopied that article just so lucas can read it at school tomorrow. Should be interesting.

[MarkD]

"We have certain assets which give us a lot of cash flow but don't have the growth potential that we are looking for, like the theme parks and Simon & Schuster," Redstone told Reuters in an interview during a visit to Dubai.


I think the actual quote should be something like this:

"We have certain assets which give us a lot of cash flow but don't have the foresight nor the inventiveness that we need, like the theme parks and Simon & Schuster," Redstone told Reuters in an interview during a visit to Dubai.

Hang with me for a minute ok.

IF, Paramount would / will stay with the newer attractions and trends the customer growth will be there. Plus, what IF Paramount would have bought out Six Flags? How about that for growth. Plus, every single park that Paramount owns can be enlarged and enhanced thru one means or another. Forget the amount of dollars it takes because we are talking huge companies not Mom and Pops.

I think in all honesty they just want out of the Theme Park business. It seems that simple. It's kind of like the company I work for, we got so spread out and had our hands on every thing we had to start selling off and liquidating assests to get back to our core business we knew how to operate and I think that is part of what's happened with Paramount, Viacom, CBS, etc...

[dukefanswimmer89]

makes plenty sense

you can't eat an elephant in a bite - its easier if you sell pieces of the elephant, gain money off them, and focus on eating a specific part. Similarly, a company may need to split up and refocus on what really needs to be done. At this point, it is highly possible an individual company currently outside the theme park world buys some or all of the Paramount Parks - because as of now, it looks like the king of buying parks has been dethroned, and the prince - well i don't think the prince has the guts after attempting to [and then deciding not to,] take the king's holdings

[bgwfreak]

<a href='http://news.moneycentral.msn.com/ticker/article.asp?Feed=FOOL&Date=20051222&ID=5375660&Symbol=US:PKS' target='_blank'>http://news.moneycentral.msn.com/ticker/ar...0&Symbol=US:PKS</a>

I think this was the same article from before.

Makes it sound like they really don't have any buyers out there.

I just hope at some point they don't stop investing in the parks because they don't think they're making "enough" profit off of them.

I know that will probably never happen, but it is a concern.

[bgwfreak]

<a href='http://biz.yahoo.com/prnews/060126/nyth160.html?.v=32' target='_blank'>http://biz.yahoo.com/prnews/060126/nyth160.html?.v=32</a>

Apparantley the other article didn't have a clue.

There are numerious buyers out there. Let's hope they will be a good one whoever buys.

I just hope the park can go back to being called Carowinds.

Not Carowinds Fair or Six Flags over Carowinds, or whatever.

[montumax]

I think it'll be interesting to see if this sale comes off.

I really don't see Six Flags buying them out. (Six Flags Charlotte or Carolina.)

Busch? I don't see it happening.

Cedar Fair? I could see all the coasters renamed Thunderhawk, Detonator, etc.

Universal? They could be a wildcard in it.

Some unknown group? Possibilty. I want to say that I heard at one point that there was going to be a group of people who had been involved with Paramount Parks going to make a bid for the lot.

Of course, we could get the Koch family to buy Carowinds and install a bunch of kickarse wooden coasters.

[CoasterChris]

I think the frontrunner would have to be Cedar fair. I don't see SF moveing in but you never know with a new guys in charge and i highly doubt Disney or Universal are intrested.

So basically i'd see Cedar Fair or maybe even Busch being intrested or it could be some private comapny or several private companies.