All the latest UK technology news, reviews and analysis
|
|
|
08 Aug 2002
For Microsoft shareholders who have suffered the recent roller coaster ride, and users who have their Windows 2000 house of horror stories, the news that Bill Gates has invested in a theme park company may not come as too much of a surprise.
In a filing with the Securities and Exchange Commission, Gates' investment trust, Cascade Investment LLC of Kirkland, reported holding 7.4 million common shares in theme park company Six Flags, plus securities convertible into 599,520 further shares, according to the Seattle Post Intelligencer.
About two years ago, Six Flags purchased the Enchanted Parks facility in Federal Way, Washington. The park is near Gates' hometown of Seattle, and close to Microsoft's headquarters.
The 70-acre park cost $19.3m. It is comparable to the Frontier City theme park in size, ride composition and lack of local competition, according to Reuters.
Latest stories from Web
Related articles
Related jobs
Poll
What is the most important IT priority for your company this year?
Sneak peek at the forthcoming glass-based machine
Connect with V3.co.uk
This paper focuses on a series of best practices and techniques for development teams looking to improve their software development processes
Why good data management at all levels is essential in the modern business (video, 6mins)
FX Technical Implementation Consultant (Business Analyst...
IT Support Analyst required by Leyland, Lancashire Software...
A talented PHP / Web Developer is required for a web...
Software Developer ( .NET, C#, VB6, SQL) needed. This...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?