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The One

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Submitted By darylljcd
Words 813
Pages 4
Daryll Domingo
MGT 339
7/16/16
EC 1 After over 40 years of being in business Six Flags had to start closing down and selling numerous of its locations. Six Flags had a growing debt that had to be dealt with. In the coming years they faced natural disasters, economic crisis and new management which lead to declining attendance rates and cash flow issues. The company’s cash flow decrease by over 120 million dollars annually, its stock value had fallen below the required minimum, they were unable to pay its preferred stockholders and was delisted from the New York Stock exchange in April of 2009.
In June of 2009 they filed for Chapter 11 bankruptcy.

Daryll Domingo
MGT 339
7/16/16
EC 1 After over 40 years of being in business Six Flags had to start closing down and selling numerous of its locations. Six Flags had a growing debt that had to be dealt with. In the coming years they faced natural disasters, economic crisis and new management which lead to declining attendance rates and cash flow issues. The company’s cash flow decrease by over 120 million dollars annually, its stock value had fallen below the required minimum, they were unable to pay its preferred stockholders and was delisted from the New York Stock exchange in April of 2009.
In June of 2009 they filed for Chapter 11 bankruptcy.

Daryll Domingo
MGT 339
7/16/16
EC 1 After over 40 years of being in business Six Flags had to start closing down and selling numerous of its locations. Six Flags had a growing debt that had to be dealt with. In the coming years they faced natural disasters, economic crisis and new management which lead to declining attendance rates and cash flow issues. The company’s cash flow decrease by over 120 million dollars annually, its stock value had fallen below the required minimum, they were unable to pay its preferred stockholders and was delisted from the New

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