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Moody's downgrades ratings on Six Flags

Posted March 25, 2008, 1:30P | Contributed by Jason Hammond

Moody's Investors Service downgraded Six Flags Inc.'s outlook to "negative" Monday, saying the company could default on several upcoming obligations if performance doesn't improve. Moody's also downgraded the company's liquidity rating to SGL-4 from SGL-3, reflecting a higher degree of risk.

Read more from AP via CNN.

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