Wednesday, May 9, 2007

UPDATE 1-Six Flags posts narrower first quarter loss

(Reuters) - Six Flags has been restructuring its operations and selling parks since a shake-up of its board and top management after investor Daniel Snyder won a long-running battle for control of the company in 2005.

The company, which has been focusing on making its parks more family friendly and improving its financial position, reported a net loss of $176.1 million for the first quarter, or $1.86 per share. That compared with a net loss of $246.5 million, or $2.63 per share, in the year-ago period


Read more at Reuters.com Market News

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