Trouvé sur
www.sixflagsnews.com :
Six Flags Shares Climb on Rumor of Interest From Disney
08-07-03
Shares of Six Flags Inc. rose Wednesday on a rumor that Walt Disney Co. was interested in buying the company, traders said.
A spokesman for Disney said the company doesn't comment on rumors. However, a source close to the company said there is no truth to the rumor. Six Flags didn't immediately return calls for comment.
It would seem that a combination of theme park operations wouldn't be a match. Walt Disney World in Florida and Disneyland in California are destination resorts, while Six Flags has smaller, regional theme parks across the country.
The theme park business has been ailing since the events of Sept. 11, 2001, with attendance struggling to return to peak levels. In the recent fiscal third quarter, Disney said theme park operating income fell 25% to $352 million as attendance at Walt Disney World was down 9% and guest spending was down at Disneyland.
Once the rumor got rolling, that may have forced those investors with short positions to cover their positions, said one portfolio manager. The shorts borrow the shares to sell when the stock is high and replace them when the stock price declines.
Alors, d'après ce que j'ai compris, et cela reste une rumeur, disney serait intérréssé par l'achat des parcs sixflags. L'une des motivations serait de contrebalancer les mauvais résultats des parcs disney depuis le 11 Septembre. Une autre raison est d'avoir des parcs à dimension régionales.
que pensez vous de cette rumeur, quelles seraient les résultats sur les deux groupes?
