WOW! Magic Moutain. Thats big news. I didnt think that the park struggled
The whole chain has been struggling for years but I am still shocked that they didn't decide to sell smaller parks such as Darien Lake. It really hasn't been a good time for Six Flags recently. They blew it in Europe and had to sell both of their Euopean parks, They have had to close Astro World, Six Flags New Orleans has been flooded and now this.
I think that Six Flags may have been considering this for some time. That's why they have ploughed so much money into Great Adventure with KK and El Toro so that it can take over as their new premier park.
I think that in the long run Six flags will probably go bust (they are something like 2billlion dollars in debt). But with their new theming policy and selling off their biggest park, they may just scrape through.
That looks completely devastating. Id imagine 99% of the rides would be ruined
Sorry to quote you twice but I think that the rides will be mostly fine although the sea water won't do them much good, the only thing in them that could be damaged are the electrics which is nothing that their insurance won't easily cover. The main worry is damage to the buildings which will cost hundreds of thousands maybe even millions to rebuild or renovate.