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This is the fourth sale for the amusement park in 25 years.
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The circumstances of the man's death are not clear.
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Jeff Stock sold the park to Six Flags in 2000, and now manages it for CNL.
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Jeff Stock owned the park in the 90's before selling it to Six Flags.
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Park is part of a world-wide 45-minute swim lesson.
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Federal agency says the park did not report inventories of sodium hypochlorite and hydrochloric acid.
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Agency will begin handling marketing efforts for newly acquired parks.
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Deal closes selling parks to PARC for $312 million.
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The seven parks are estimated to have generated approximately $30 million of Park EBITDA and 3.6 million of attendance in 2006.
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Company may sell several key properties.