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.
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