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Six Flags, Inc. announced today that it has acquired a 40% equity interest in dick clark productions, inc. RedZone Capital, a Virginia-based private equity fund managed by Six Flags directors Daniel M. Snyder and Dwight C. Schar, will acquire the majority 60% interest. Founded by television legend Dick Clark, dcpi is owner of the world's most unique and extensive library of live televised music and is a leading independent producer of television programming and special events, many of which continue to shape America's entertainment legacy.
Read the press release from PR Newswire via Yahoo.