Six Flags theme park company declares bankruptcy, says it needs to shed $1.8 billion in debt

October 7th, 2009 AB-InBev sells off theme parks for $2.7 billionBRUSSELS — Anheuser-Busch InBev SA, the world's largest brewer, said Thursday that it will raise $2.7 billion from selling its U.S. theme parks to the Blackstone Group.

October 7th, 2009 AB-InBev sells off theme parksBRUSSELS — Anheuser-Busch InBev says it will sell its U.S. theme parks to the Blackstone Group for $2.7 billion.

September 24th, 2009 Cypress Gardens theme park in Fla. closes doorsWINTER HAVEN, Fla.

September 2nd, 2009 Reports: Pilgrim's Pride nears $2B sale to JBSPITTSBURG, Texas — Media reports say beleaguered chicken producer Pilgrim's Pride Corp. is nearing a sale to Brazilian beef producer JBS SA for $2 billion.

August 21st, 2009 Six Flags lays out Ch. 11 restructuring planWILMINGTON, Del.

August 17th, 2009 Fitch downgrades CIT's issuer default ratingNEW YORK — Fitch Ratings downgraded CIT Group Inc.'s issuer default rating Monday after the commercial lender said it managed to stave off a likely bankruptcy filing by repurchasing some of its outstanding debt at a discount. The rating agency said it lowered the IDR to "restricted default" from "C," following the Monday announcement.

August 11th, 2009 Spielberg in talks over contract with theme parkORLANDO, Fla. —Universal Orlando officials are negotiating with Steven Spielberg over whether to renew a consulting contract.

June 22nd, 2009 Station Casinos gets fourth extension on debt planLAS VEGAS — Station Casinos Inc. says it is continuing to negotiate a restructuring plan with bondholders and has extended its deadline to next month.

June 13th, 2009 6 Flags seeks Chapt. 11 bankruptcy protectionNEW YORK — The amusement park company Six Flags is seeking Chapter 11 bankruptcy protection, saying it needs to reorganize and shed $1.8 billion of debt.

June 13th, 2009 Six Flags seeks Chapt. 11 bankruptcy protectionNEW YORK — The amusement park company Six Flags is seeking Chapter 11 bankruptcy protection, saying it needs to reorganize and shed $1.8 billion of debt.

May 29th, 2009 R.H. Donnelley to reorganize under Chapter 11CARY, N.C. — Yellow pages publisher R.H.

May 5th, 2009 Date set for Charter reorganization plan hearingST LOUIS — A date has been set for the confirmation hearing of Charter Communications Inc.'s reorganization plan as it seeks to emerge from bankruptcy, but lender objections remain. The St. Louis-based cable TV operator, which is controlled by Microsoft co-founder Paul Allen, said the U.S.

May 4th, 2009 New GM CEO says company can still avoid bankruptcyDETROIT — General Motors CEO Fritz Henderson says the automaker still can avoid bankruptcy but it has a lot of work left before the government's June 1 deadline. Henderson said Monday in an interview with The Associated Press that "it's still possible" for GM to stay out of bankruptcy, and that's the company's preference.

April 30th, 2009 Chrysler to get up to $8B from govt for bankruptcyWASHINGTON — Chrysler will file for Chapter 11 bankruptcy protection in New York on Thursday and will be eligible for up to $8 billion in federal aid to rebuild the ailing automaker, according to senior administration officials. The officials say bankruptcy is necessary after talks with some of Chrysler's holdout creditors over the company's $6.9 billion in debt fell apart last night.

April 27th, 2009 Six Flags closes indoor park facilities in MexicoNEW YORK — Six Flags Inc. confirmed Monday that it shut down indoor facilities — including restaurants and show venues — at its Mexico City theme park over the weekend at the recommendation of Mexican health officials working to contain the spread of swine flu.