Six Flags completes Discovery Kingdom purchase
By Charles Starrett | Filed under News on Aug 6, 2007

Six Flags has officially completed its purchase of Discovery Kingdom from the city of Vallejo, California. The $55 million buyout gives Six Flags full ownership of the park, which it had shared revenues with the city for years. The deal was hampered by a failed last-minute attempt
to remove four elephants from the deal. "We are very pleased at the completion of the transaction. We're very proud of our elephant program and the work we do to educate the public about these wonderful animals," said park spokeswoman Nancy Chan. "This is a positive business decision for both Six Flags Discovery Kingdom and the city of Vallejo." City manager Joe Tanner said the sale of the park had been more or less a done deal since 2005.
TrackBacks
TrackBack URL for this entry: http://www.lifthill.com/mt/mt-tb.cgi/101
Other sites talking about Six Flags completes Discovery Kingdom purchase:



Leave a comment