Barclays Global invests in Six Flags

Posted Friday, January 27, 2006 8:54 AM | Contributed by supermandl

One of the nation's largest money managers bought a 5.8 percent stake in Six Flags Inc., the theme-park company controlled by Redskins owner Daniel Snyder, the second significant investment in the company in two weeks. Barclays Global Investors, the San Francisco manager of more than $1 trillion in assets, and two of its subsidiaries bought a total of more than 5.4 million shares, making it one of the largest shareholders, according to Securities and Exchange Commission records. After Snyder, the largest shareholder is Microsoft Corp. Chairman Bill Gates.

Read more from The Washington Post.

Friday, January 27, 2006 11:06 AM
Hmm.. maybe they're gonna try a hostile takeover of the company from Snyder ;)

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