Six Flags, Inc. was looking to free up some cash and EG was an underperforming park, plus it did not "fit in" with the family-friendly atmosphere the new owners are trying to project. 5 other parks were sold in the same transaction; these parks are now owned and operated by PARC management.Why did Six Flags sell Elitch Gardens in Denver?
They sold it because they were high in debt, the money wasnt coming in, and they wanted to generate more increased value for their shareholders. basically they werent getting enough money.
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