ARLINGTON, Texas -- Six Flags Corp. says it may be forced to file for bankruptcy protection if it can't raise more cash, refinance its debt or amend its bank credit agreements to avoid default on its loans.
The theme park company, whose Arlington flagship is among the state's top tourist attractions, insisted that a Chapter 11 filing is not imminent.
"I don't think we're in deep financial trouble at this moment," said Larry Cochran, president and chief executive officer. "We're not even discussing bankruptcy. It's not an issue."