Quote:
Originally Posted by BrunellMVP?
Even with the marketcap down to 180 million, its still be a hefty tab to privatize the company. You'd think with 27 parks, the land alone and the scrap metal, liquidation of salvageable equipment would be worth 200+ mill.
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You have to wonder what kind of liabilities they have though. There are all sorts of financing issues (i.e. debt in the form of loans and mortgages among) as well as legal liabilities (i.e. people choking on cotton candy while riding the coaster ans suing for $10 mill). And did he buy the company with pure cash or does he have debt he's paying off on that as well?