This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
Looks like the roller coaster riders at the many theme parks operated by Six Flags, including our Magic Mountain, aren't the only ones experiencing some topsy-turvy twists and turns; "Six Flags is seeking Chapter 11 bankruptcy protection, saying it needs to reorganize and shed $1.8 billion of debt," reports the Huffington Post. Despite what reps hail as a "great" 2008, with "25 million visitors" and "record revenues," the $2.4 billion in debt is signaling a load too great to carry. But the company's CEO "says the move won't affect the operation of its 20 theme parks in the U.S., Mexico and Canada." So for now, it's all systems go for thrill junkies boarding Colossus, the Riddler's Revenge, Viper, or the Terminator Salvation ride.