Six Flags CFO takes stand in bankruptcy trial

Posted | Contributed by Jeff

Six Flags Inc put its chief financial officer on the stand to defend its reorganization plan against attacks by some bondholders, with ownership of the theme park operator at stake. Jeffrey Speed spent most of Monday describing the events leading to the company's bankruptcy and the operating cash flow needs, as the company sought to make the case that their plan was the most feasible.

Read more from Reuters via The New York Times.

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