Six Flags: SFGAm Water Park Free; Also Adding Air Conditioning and Health Care
As part of its ongoing efforts to improve cash flow and profitability, Six Flags announced this week its decision to include Six Flags Great America's Hurricane Harbor water park in the park's admission price. Receiving less attention was its later announcement that it would be air conditioning the entire Chicago-area park as well as providing universal health care for every resident in the Chicago area.
"We're certain that these steps represent the best way to impress investors and to get on track for financial stability," said park spokeswoman Leora Kladner in an exclusive ARN&R interview. "What could be better for cash flow than a free water park, tens of thousands of outdoor air conditioning units running throughout the summer, and the creation of an enormous new health care system for the millions of people in the region? Oh, we're also going to throw in a free puppy for every guest, along with a lifetime supply of food and veterinary services."
SEC filings indicate that the park chain will borrow approximately $1.2 billion at 17.99% interest from an entity on the south side of Chicago called "EZ Pay Day CA$H."