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Themeparks LLC
Themeparks LLC, later known as Kentucky Kingdom LLLP, was an American company that operated two amusement parks. The company was originally formed as "227 Plus One" in the late 1980s by Ed Hart and is based in Louisville, Kentucky. Themeparks' first park was Kentucky Kingdom, which it bought in 1989 and sold to Premier Parks (now Six Flags) in 1997. Themeparks subsequently operated Magic Springs Theme Park in Hot Springs, Arkansas from 2000 to 2008 before selling it to PARC Management. Themeparks LLC repurchased Kentucky Kingdom in 2013 and operated the amusement park from 2014 to 2020. In February 2021, Kentucky Kingdom was sold to Herschend Family Entertainment. History The first decade (1989–2008) In early April 1989, businessman Ed Hart bought the then-bankrupt Kentucky Kingdom amusement park's operating rights in a contract with the Kentucky Exposition Center, Kentucky State Fair Board. Hart then turned the park around and reopened it for the 1990 season. During this tim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |