UPDATED: Large investors not happy with Six Flags performance
Posted August 31, 2004, 4:05P |
Contributed by coasterguts
Daniel Snyder, owner of the Washington Redskins football team, bought an 8.8 percent stake in Six Flags Inc. and said he hopes to influence management to maximize the amusement park operator's value, perhaps through a merger or sale, a securities filing shows.
Read more from Reuters via Yahoo.
UPDATE: Bill Gates' investment company, Cascase Investment LLC, is also unhappy with Six Flags' performance. That company owns 11.8% of Six Flags.
Read more from The Puget Sound Business Journal.