This is not true. SEAS paid their vendors in 2021. In 2020 when the shut down occurred they (like a lot of other businesses) froze all non essential payments to vendors as a precaution because there was no way to know exactly how long they would be closed. Once they reopened they began the process of paying their vendors.Guaranteed bankruptcy. SEAS couldn’t even pay their vendors last year. This would have to be highly leveraged and guaranteed financial failure. You think SEAS parks now are run by budget cuts? Just wait!
I'm curious how much the acquisition of Valley Fair then KI for CF would be a similar comparison to what would happen in VA?(Cedar Point is my home park so still affected by this), I have to wonder what will happen with the Kings Dominion/BGW dynamic were this to go through. Those are easily the 2 closest parks in the deal (besides Sesame Place and Dorney but those are certainly not in the same ballpark). and very much drawing from the same markets, even if BGW has a wider footprint it's drawing from.