overview

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related:

Time

     landmarks

This chronology is indicative only.

Context is provided by the broader communications and media timeline on this site.

1961 Angus Wynne II's Great Southwest Corporation (GSC) launches Six Flags Over Texas park

1965 GSC acquired by Penn Central conglomerate

1968 launch of Six Flags over Georgia (Atlanta)

1968 Six Flags Over Georgia sold for US$23m

1969 some Six Flags facilities sold to to limited partnership headed by Jack Knox

1970 Penn Central acquires Movieland Wax Museum in Buena Park, California

1970 Penn Central collapses in largest US corporate bankruptcy

1971 opening of Six Flags Over Mid-America (St Louis)

1975 Six Flags buys Astroworld

1977 Six Flags buys Great Adventure and Wild Safari Animal Park (Jackson N.J)

1979 Six Flags buys Magic Mountain park

1982 Penn Central Sells Six Flags Corp. (park manager) to Bally Manufacturing Corporation for US$142m

1984 Six Flags buys Great America in Chicago

1987 Wesray Capital and Six Flags managers buys Six Flags Corp. (parks manager) in US$617m MBO

1990 Time Warner buys 19.5% of Six Flags Corp. for US$19.5m

1991 Time Warner buys further 30.5% of Six Flags Corp.

1991 Blackstone Group and Wertheim Schroder buy 50% of Six Flags Corp.

1993 Time Warner buys remaining 50% of Six Flags Corp for US$70m

1995 Time Warner sells 51% of Six Flags Corp. to Boston Ventures for US$1bn (debt and equity)

1996 IPO of Premier Parks

1997 Premier Parks acquires Kentucky Kingdom and Marine World San Francisco

1998 Premier Parks buys Six Flags Corp (park manager) and Six Flags Inc (facility and land owner) for US$1.9bn

2000 Premier Parks renames itself as Six Flags

2004 sells Six Flags Worlds of Adventure to Cedar Fair

2004 sells European operations for US$200m to Palamon Capital Partners

2006 closes facilities in parks in Oklahoma City, Columbus (Ohio) and Sacramento

2006 AstroWorld site sold for US$77m



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