AstroWorld Last Season

[ysengrin]

After thirty-seven years of operation, Six Flags has announced this is the last season for AstroWorld. The 105 acre park will be going up for sale, while a number of rides will be relocated to other Six Flags parks.

"We are always looking for opportunities to enhance shareholder value. In assessing the performance of this property relative to the significant increase in real estate values in the Houston market, we concluded that the best way to unlock this value for shareholders was to pursue a sale of the property," said Kieran Burke, chairman and CEO of Six Flags.

And that is why we're avoiding selling stock to raise money for what we're doing.

You can trace the history of AstroWorld at the fan site SixFlagsHouston.com

FYI, Six Flags itself is up for sale after a key investor pushed for an increase in its stock price. Six Flags over Texas (the original) used to be a seperate entity from Six Flags Corporation (the other parks), but I don't know if this has changed over the years.

Comments

[kyryn.livejournal.com]

Damn. I'd been wanting to arrange a trip down there to ride the old Dentzel carousel. Oh well, the Dentzel is something that likely won't be dismantled, but will find a new home elsewhere.

I love old carousels. I grew up with the old PTC on Santa Monica Pier -- one of my places to visit on every trip I make out to L.A.