NEWS: CNL Lifestyle Properties looks to liquidate assets

[Golddisk]

I don't think so because the way its worded indicates differently to me. "seeking attractive exit alternatives for the remainder of our property portfolio" sounds like dumping the properties. If they file an IPO the "company" (CNL Lifestyle Investments) would still exist and hold the properties. But like I said, that line makes it sound as if they don't want to hold the properties.

 

Of course, the first line of that statement regarding the liquidity, indicates that an IPO could still be an option but that isn't their focus right now.

[DarienLaker]

CNL should sell the parks they own back to Six Flags!

[jedimaster1227]

^The parks would be better off closing.

[DarienLaker]

I was kind of kidding about Six Flags buying back CNL's parks.

[jedimaster1227]

^I wasn't kidding about them being better off closing if Six Flags were to buy them.

[Zamperlafan]

With Elitch Gardens sold, and two other announced, I guess it's just a matter of time before whatever happens to the Parks is reported...