1987-04-22 SF Sold.jpg

Bally announced the sale of its Six Flags division (Six Flags Corporation) to Wesray Capital Corporation in late April, with Wesray assuming control of the company and parks in May.  Another newspaper said Wesray apparently approached Bally about purchasing the company, with Bally indicating they initially did not have plans to sell.  Here, Bally indicates Six Flags no longer fit with the company's strategic direction focused more on its casino/hotel operations.