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Six Flags Agrees To Help Build Park in Dubai
- Article from:
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The Washington Post
- Article date:
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March 5, 2008
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Copyright informationCopyright 2008 The Washington Post. This material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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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 ...
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