April 10, 2009

Six Flags Delisted from Stock Exchange


Guess they're stock wasn't having a Great Adventure (ugh, sorry)

Six Flags Delisted from Stock Exchange
source

Six Flags Inc. will be delisted from the New York Stock Exchange on April 20, after failing to meet the NYSE's quantitative listing criteria.

"The delisting of our common stock is a by-product of the inherited debt load on our balance sheet and the overall financial markets,” said Six Flags President and CEO Mark Shapiro. “In no way does it reflect the operational strength or turnaround of this company. This development will have zero impact on our park operations, the guest experience this summer or our vendor relationships."

Six Flags (NYSE: SIX) will not appeal the NYSE's decision.

Six Flags Delisted from Stock Exchange


Posted at April 10, 2009 12:06 PM
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