Six Flags sets deadline for bids

Posted | Contributed by Jeff

Amusement park operator Six Flags Inc. said on Tuesday it set an early-November deadline for potential suitors to submit initial takeover offers, with the aim of finding a buyer by year-end. Six Flags also urged investors to reject a proposal by stockholder Red Zone LLC to remove three directors from the company's seven-person board. Shareholders of record as of Sept. 24 may vote on the proposal.

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