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Redskins owner Daniel M. Snyder yesterday took another run at persuading shareholders of Six Flags Inc. to effectively turn over control of the company to him and his hand-picked team, saying that shareholders are not likely to get a better offer. Snyder also took issue with the company's recent decision to close a theme park in Houston and suggested he might sue if the company tries to sell off any more of its assets before shareholders make up their minds.
Read more from The Washington Post.
Most of what he's doing is posturing and hot air at this point. I still think he's a blow-hard and his team would be a lateral move, not an improvement.
I wonder if the move to sell Astroworld was for the sole purpose of pumping up the value immediately. The recent increase in value seems somewhat driven by the company's decision to unload the park and decrease debt- is it really a move to knock Synder out of the picture?
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