Six Flags buys another park... kinda
Being a SoCal person, forgive me for forgetting details about NorCal's parks from time to time. Such as... the fact that Six Flags didn't actually own its Bay Area park, now known as Six Flags Discovery Kingdom
The city of Vallejo co-owned it, collecting revenue and maintaining debt as a result. Until today. Six Flags today completed a $55 million buy-out that gives the park complete ownership of the park, located northeast of San Francisco.
The deal allows Vallejo to wipe out its largest source of municipal debt, according to a local news report. And it allows Six Flags to hold on to all the revenue generated by the park.
A City owning a park? Does that happen often?
Wow, I didn't know that it didn't officially own the park. I mean, living in the bay area, that's the closest park to me, and in the past it had all the typical Six Flags stuff hanging around.
Surprises me too!
I certainly do hope that this means some new, and much needed, additions to SFDK.
There's actually some more history to this.
Anthony, the city of Santa Clara briefly owned Great America as well. I believe it was after Marriott, which owned it from the start. Paramount then owned it for quite a while before the current Cedar Fair; don't think I left anyone out. I do prefer Discovery Marine Kingdom World better though, even with the longer drive and bridge toll for us. Most of the rides beyond coasters are of little interest to me at either park nowadays, and the environs are more pleasant in Vallejo. Plus, if you give enough time to watching the animals, you'll usually see at least one cool thing happen.
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