General Category > Other Parks
SFOT Purchase Offer From HFEC?
shavethewhales:
Apparently Texas Thrillseekers is spreading a rumor that HFEC has put in a bid for SFOT and a couple other SF properties (presumably the adjacent water park in Dallas and maybe FC or DL?)
SFOT supposedly has an odd ownership setup that dates back to the original setup of the park. It's kind of like Dollywood, but somewhat dysfunctional with disputes about how the park should be developed. Supposedly that is one reason why investments have been fairly small despite the massive growth potential of the park. This is one reason why SF may be pressured or coerced into selling the park.
I don't know that the rumor has any weight, but I do know that HFEC has tried to purchase SF properties before. When SF sold off Elitch, Darien, FC and several other properties during their 2006 bankruptcy, HFEC put in a bid but was beat out by CNL. For some reason I believe SFMM was part of the deal at the time, but HFEC didn't want it, and that soured the deal.
Swoosh:
***looks at calendar ***
Nope. Not April 1st
shavethewhales:
Lol, I just noticed that they called out a figure of $5 billion for the deal. Perhaps this guy is just getting played... For that money you could build a bigger better SFOT... Three or four times over...
But maybe there is a pinch of truth to it all and HFEC did send SF some kind of bid. Maybe it never goes anywhere, but it shows HFEC is trying to expand the park business again. Would love to see a fourth park...
sdcfan88:
I have to say IF this were indeed true SFOT would be my pick if they were to buy out and convert a SF park to their style. It would make a great candidate to be a Dollywood/SDC for this part of the country as it has a similar "style" as the two major abeforementioned parks. Granted the DC and Looney Tunes parts would have to be removed and rethemed but the Texas/Spain/Mexico segments would fit right in as a Texas version of SDC. The city area could be rethemed to the 50's-60's stuff we had at CC and currently at Dollywood.
KBCraig:
When I was young, we went to SFOT a few times, and we went to SDC.
By the age of 10, I hated SFOT and loved SDC. I consider SF the anti-SDC.
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