Magic Mountain Closing?

[HotelNeptune]

Has it been confirmed that Six Flags Magic Mountain in California will in fact be razed to the ground, or is it still in the speculation phase? I thought I heard somewhere that it will *definitely* be closed in December, but haven't been able to find any confirmation of that online. Thanks!

[sediment]

Whatever you've heard is not true yet.
We have a few threads about what has been going on.

In short, it is believed that SF is looking to sell the land under SFMM. Whoever buys will have the option (city/county objections notwithstanding) of tearing down the park to build houses or other commercial purposes, or to keep it as is and try to make some money.

Supposedly, MM is one of SF's major profit centers, but SF needs money to pay off its debts, and the sale of this park would go a long way toward satisfying that.
It is quite unusual for SF, as an amusement park company, to want to sell this park. It is one of its major year-round operations. The only logical explanation is that the land is far more valuable than the park. The rides possibly can be moved and used elsewhere (mountainous terrain notwithstanding).

In short, nothing has been decided. It would be huge news, so it is likely to hit the papers and then here.

[HotelNeptune]

Ahhhhhh good. Thanks for all the info, it was very helpful!