"Six Flags Sheds 7 Parks for $312 Million"

Six Flags is reaching for economic stability after a battle over the control of the company. Six Flags is trying to recover from debt and it has recently sold four theme parks and three water parks, making $312 million. Six Flags will recieve $275 million in cash. The rest of the money will be a note recievable which is $37 million. A note recievable is a promise to pay a certain amount of money on or before a certain date and this note will be for specific parks. Six Flags' shares have been up 11 percent.


http://money.cnn.com/2007/01/11/news/companies/bc.sixflags.sale.reut/index.htm