Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Bear Stearns Upgrades Six Flags

Red Skins owner Daniel Snyder plans to take control of Six Flags (PKS). Bear Stearns upgraded the stock.

Analyst Glen Reid says Daniel Snyder's Red Zone LLC offered to tender for up to 34.9% of Six Flags shares for $6.50 each, including nearly 12% it already owns. Given the offer, Snyder's persistence, and improved summer season, Reid sees less downside risk and upgrades to peer perform from underperform.

Should Snyder prove successful in his battle for control, Reid thinks he will have a major turnaround challenge before him. The analyst believes he could prove himself more able than current management, but notes Six Flags is saddled with a tremendous amount of debt and situated in a relatively unpromising industry.

blog comments powered by Disqus