Six Flags Entertainment Corporation says its merger with Cedar Fair Entertainment Company has now formed the “largest” amusement park operator in North America, with a new combined portfolio of 42 parks across the U.S., Canada and Mexico. The merger, which was completed Monday, puts the estimated value of the company at $8 billion and “brings […]
Tag: operator
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48-store Subway operator declares bankruptcy after wrongful death suit appeal denied
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: River Sub, a Subway franchisee operating 48 stores in Texas filed for Chapter 11 on June 20, just over a week after a Texas appeals judge rejected the operator’s effort to vacate an […]
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Germany and Dutch-owned operator end talks on grid sale because of budget constraints
BERLIN (AP) — A state-owned Dutch company that is the biggest electricity grid operator in Germany said Thursday that talks on selling its German business to the government in Berlin have been terminated due to the administration’s budget constraints. TenneT, one of four transmission network operators in Germany, announced plans for the talks in February […]
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Erskine College stiffed on $1M loan to charter school operator, lawsuit claims
The private Christian college behind South Carolina’s largest charter school district says it’s out $1 million after the operator of several schools the district oversaw defaulted on a loan deal. The transaction, revealed in a new lawsuit, raises the question why cash-strapped Erskine College loaned money to the holding company of a for-profit education management […]
American 911 Operator Fined $9,000, Sentenced to Time Served After Bringing Hunting Ammunition to Turks and Caicos
“A weight has been lifted off my shoulders and my wife, and I’m glad that I get to go home and be with my son again,” said Tyler Wenrich after his sentencing Royal Turks and Caicos Islands Police Force Tyler Wenrich Tyler Wenrich, a 911 operator and emergency medical technician from Virginia who was arrested […]
Float operator given stop order after bulldozing into wetlands
May 28—An investigation by the U.S. Army Corps of Engineers accused a float operator of dumping tree roots, sediment and debris into approximately 150-200 square feet of forested wetlands. The construction of a road near the Illinois River was halted when a complaint was filed by neighbors Beth Cohenour and Ken Purdy. Regulatory project managers […]
Energy Transfer to Buy Permian Operator WTG for $3.3 Billion
(Bloomberg) — Energy Transfer LP agreed to buy WTG Midstream in a $3.25 billion deal that will expand the US pipeline giant’s already sprawling network in the Permian Basin. Most Read from Bloomberg Energy Transfer will pay $2.45 billion in cash and about 50.8 million newly issued Energy Transfer common units to acquire the Midland, […]
Trump to announce plans to commute ‘Silk Road’ website operator Ross Ulbricht’s prison sentence
WASHINGTON — Former President Donald Trump plans to announce at the Libertarian National Convention on Saturday that he intends to commute “Silk Road” website operator Ross Ulbricht’s life sentence, according to a source familiar with the matter. Ulbricht was sentenced to life in federal prison in 2015 for creating and operating a hidden website known […]