Kentucky Kingdom closing

LOUISVILLE, Ky. (AP) - Kentucky Kingdom, the state's only Six Flags theme park, has announced that it is closing.

In a news release sent out late Thursday, an official with the Louisville theme park located at the Kentucky Exposition Center said the company could not reach a deal with the Kentucky State

Fair Board on a new lease for the property.

Six Flags, which owns 20 amusement parks in the U.S. and other countries, has been in bankruptcy protection in June, burdened by high debt and declining park attendance.

Mark Shapiro, Six Flags president and CEO, says the park closure relates solely to Kentucky Kingdom.

He says the company will relocate employees and several of more than 40 rides its 13 other markets.

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