Six Flags Agrees To Help Build Park in Dubai

[flashl]

Source: Washington Post

Six Flags, the struggling amusement-park chain controlled by Washington Redskins owner Daniel Snyder, said yesterday that it is teaming up with a Dubai developer to build a theme park in the Arab emirate as part of a huge entertainment complex.

Six Flags entered into a 25-year agreement with Dubai company Tatweer to lend its expertise, brand and characters to the project in return for an annual rights fee, according to sources who spoke on the condition of anonymity for fear of violating disclosure rules regarding public companies.

The sources said Six Flags is not required to put up any money for the park, which is planned for more than 100 acres in Dubailand, a 70,000-acre development of hotels, resorts, shopping malls, restaurants and residential areas.

Work on the park is to begin next year with an opening planned for 2011.

Washington Post

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2008/03/04/AR2008030402633.html?hpid%3Dmoreheadlines&sub=AR

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First Halliburton, then U.S. Universities an important export in education gold rush (outposts in ME), and now Six Flags?

[Lint Head]

1. And New Orleans is still in the dumpster.

:dem:

[acmavm]

2. Well all those Halliburton freaks gotta have a park for their kids.

[sarcasmo]

3. Mommy, mommy, can we go to six flags in Dubai this summer.