ST Alpha - "Sounds like some serious corporate shell game stuff" (Reading a Post)

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In response to "Boomers (mini-golf, gokarts) just upped and closed basically 80% overnight. Other SoCal locations closed except Irvine. Bankrupt. -- (link*)" by budice

Sounds like some serious corporate shell game stuff

Posted by JD (aka Jason Dean) Jun 10 '20, 12:33

The corporate reshuffling comes after Orange County-based Apex Parks filed for bankruptcy protection in April.

The closing came as Irvine-based APX Operating Co. acquired eight family fun parks formerly owned by the bankrupt Apex Parks Group including Boomers! in Irvine and SpeedZone Los Angeles in City of Industry.

Ok. So Apex Parks Group goes bankrupt but APX Operating group now owns 8 parks formerly owned by Apex

So they lost a vowel as well as I'm guessing the two not profitable parks?

Responses:

Even in Late May, Fountain Valley one had committed to re-opening June 1st -- (link*) - budice Jun 10, 12:36

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Sounds like some serious corporate shell game stuff

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