Theme Park giant moves to the City.In an effort to expand its presence in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Six Flags For the national flags of Texas, see . Six Flags (NYSE: SIX) is the world's largest chain of amusement parks and theme parks and is headquartered in New York City. There are 20 such parks run by Six Flags. Inc., which owns and operates 29 theme parks throughout North America, announced that it plans to move its headquarters from Oklahoma City, Okla., to Manhattan. The company, in a move to streamline its operations and focus on its major market parks, will also be selling its Oklahoma City-based Frontier City and White Water Bay parks. The Staubach Company will handle the sale for Six Flags. "We continue to evaluate every asset in the Six Flags portfolio with a mission of improving shareholder value," said Mark Shapiro, Six Flags president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We're beginning a drive to implement operational strategies that will help reduce debt load and strengthen our brand." Shapiro added, "A strong corporate identity in New York--a major world entertainment, media and financial capital--is a vital component of our agenda as we position Six Flags as one of America's leading family entertainment destinations." Six Flags currently operates a corporate office in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. at 122 E. 42nd St. According to spokesperson, Wendy Goldberg, the company plans on looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a space in midtown to combine both the New York and Oklahoma offices. She was unable to comment on an exact location. Goldberg said the Oklahoma office, which is located on the same land as the theme parks now on the market, will be closed by the end of February. Frontier Bay and White Water City will remain open throughout the 2006 season. The company also maintains a small corporate presence in Grand Prairie, Texas This article is about the city in Texas. For the city in Alberta, Canada, see Grande Prairie, Alberta. Grand Prairie is a city in Dallas County (USA), with a significant overlap into Tarrant County, and a minor overlap into Ellis County. . |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion