According to Washington Post and Bloomberg, Six Flags, the amusement-park chain controlled by Washington Redskins owner Daniel Snyder, is selling seven of its 28 theme parks to Jacksonville-based PARC 7F for $312 million in an effort to improve its balance sheet.
The seven parks to be sold are Six Flags Darien Lake near Buffalo; Elitch Gardens in Denver; Frontier City and White Water Bay in Oklahoma City; SplashTown in Houston; Waterworld USA in Concord, Calif.; and Wild Waves and Enchanted Village near Seattle.
PARC Management Chairman Michael Jenkins, a former vice president of Six Flags over Texas, was among a group of people who helped oil executive Angus Wynne found the theme-park brand in 1961.
