Six Flags Awaits Notice on $100 Fidelity Bond Debt

The Washington Post out with a good expose on the non roller coaster-based freefall for Dan Snyder’s Six Flags. The firm, which announced last week that its stock was being delisted from the New York Stock Exchange, faces a more than $300 million payment to preferred stockholders in August that the company says it cannot afford. Fitch Ratings recently warned that a “default is imminent or inevitable.” Its shares ended the week worth 26.6 cents