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Six Flags says it's backing out but still intends to exercise its purchase option for Marine World before February 2007. Vallejo owns the park, while Six Flags runs it, under a 10-year deal. Company officials cited financial issues and uncertainty over a proposed redevelopment of the neighboring Solano County Fairgrounds.
Read more from The Times Herald.
After selling the European division as well as the Ohio park it clearly sends the message that SFI just doesn't have the financial resources or desire to assume management & ownership of yet another park,I think they're slowly(emphasis on slowly here)realizing that they aqquired way too many parks to begin with in 99 & don't have the funding needed to successfully manage what they've already got.
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