Commentators suggest 740 million has been offered for 5 parks already - six flags need 850 to lower debt to get into a new debt category i.e the interest rates drop on all of the debt so its my opinion they have offered these extra parks and extended the time to get more money and a better price.
plus chapter 11 could be a huge problem for lo-q as at most times of the year six flags owe lo-q a lot of money (hence the large debtors column on the balance sheet at interims. If they go chapter 11 mid year how do loq get the money
i dont think they will go anywhere near bust however
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