No deal for Hard Rock Park?
Written by Robert Niles
A report out of Myrtle Beach claims that there were no bidders for the bankrupt Hard Rock Park in bankruptcy court this week. In addition, PARC Management, an amusement operator that bought former Six Flags properties such as Darien Lake, has made a pitch for local officials to help pay for financing for PARC to take over the property.Tweet
Local officials turned down the offer cold, citing their own lack of available money, according to the Myrtle Beach newspaper website.
A minimum bid of $35 million was required to enter the auction for the shuttered $400 million theme park. Still awaiting official word from the Delaware bankruptcy court if there were indeed no bidders at that price.
What's next, though? A live on-site auction as the park's rides and equipment are sold, piece by piece? It really does sound like this park might be gone for good now.
This article has been archived and is no longer accepting comments.
How to save money on a Disney World trip
Insider's Pick: You can afford that Walt Disney World family vacation of your dreams. Get started with 102 Ways to Save Money For and At Walt Disney World, a great guide to planning an affordable trip to the Vacation Capital of the World. Why wait? The sooner you start saving, the sooner you and your family will be enjoying your vacation!
Top U.S. Theme Parks
Walt Disney World's Magic Kingdom
Other Top International Parks
Features, News and Advice
"Stories from a Theme Park Insider"
Theme Park Insider Guidebooks