Major Business News Premier Parks to Buy Six Flags From Time Warner and Partner By Eben Shapiro Staff Reporter of The Wall Street Journal Updated Feb. 10, 1998 12:01 a.m. ET NEW YORK -- Premier Parks Inc. agreed to acquire the Six Flags theme-park company for $965 million, plus the assumption of $890 million in debt, from its co-owners Time Warner Inc. and Boston Ventures. The deal will triple Premier's revenue and catapult the low-profile company into the top ranks of theme-park operators. "This is a transforming event for the company," says Larry C. Petrella, an analyst with Lehman... To Read the Full Story, Subscribe or Sign In Most Popular Videos Mount Etna Eruption: Skiers Chase Smoldering Boulder Land Rover Performs ‘The Hatch Trick’ Uber CEO Caught on Video Berating Company Driver Could Google's YouTube TV Crack the TV Ad Market? High-End Homes Include High-Tech Security Systems Most Popular Articles Jeff Sessions Used Political Funds for Republican Convention Travel Donald Trump Jr. Was Likely Paid at Least $50,000 for Event Held by Hosts Allied With Russia on Syria U.S. Reviews North Korea Options, Including Force Investigators Probed Sessions’ Contacts With Russian Officials Immigrant in Deportation Proceedings After Speaking at News Conference Popular on WSJ Most Popular Videos Mount Etna Eruption: Skiers Chase Smoldering Boulder Land Rover Performs ‘The Hatch Trick’ Uber CEO Caught on Video Berating Company Driver Could Google's YouTube TV Crack the TV Ad Market? High-End Homes Include High-Tech Security Systems Most Popular Articles Jeff Sessions Used Political Funds for Republican Convention Travel Donald Trump Jr. Was Likely Paid at Least $50,000 for Event Held by Hosts Allied With Russia on Syria U.S. Reviews North Korea Options, Including Force Investigators Probed Sessions’ Contacts With Russian Officials Immigrant in Deportation Proceedings After Speaking at News Conference
