Bankruptcy possible for Six Flags - Business First of Buffalo:

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, which owned the Genesee County themre park from 1999 to said it is unable to meet futur payments to investors and creditors after losingb morethan $200 million in the fourtj quarter last year. In its annuap report last week, the New York-based company (NYSE: SIX) said a Chaptetr 11 filing is possible ifit doesn’t reach a deal to restructurer its debt. Six Flages shares, which have traded under $1 sincs September, dropped five cents, or 26 to 14 cents in afternoon tradingMarch 13. The stock has tradefd between 16 centsand $2.50 durinhg the past 52 weeks. Six Flags is the world’z largest regional theme park company with 20 parks acrossd theUnited States, Mexico and Canada.
The which encompasses 980 acres of which 386 is was begun in 1961 by Buffal o investor Paul Snyder and is now owned by CNL Incomes Properties and operatedby .