Business wire

-As part of its ongoing reorganization efforts, Six Flags (NYSE: PKS) announced today its intention to consolidate Six Flags corporate operations, significantly expanding its presence in New York City; to close its office in Oklahoma City; and to sell its Oklahoma City-based parks. These moves mark further efforts in the company's strategy to streamline operations and focus on major market parks which have the most opportunity for growth.

"We continue to evaluate every asset in the Six Flags portfolio with a mission of improving shareholder value," said Mark Shapiro, Six Flags President and CEO. "We're beginning a drive to implement operational strategies that will help reduce debt load and strengthen our brand."