NICKELIDEON ANNOUNCES NEW ORLEANS THEME PARK

KIDS CABLE NETWORK NICKELODEON ANNOUNCING THEY'LL OPEN A THEME PARK AT THE SITE OF THE HURRICANE-DAMAGED SIX FLAGS.
OFFICIALS ANNOUNCED THE DEAL AT A PRESS CONFERENCE YESTERDAY....WHICH INVOLVES NICKELODEON'S APRENT COMPANY....SOUTHERN STAR AMUSEMENTS.
THE NEW VENTURE HOPES TO ACQUIRE ONE-HUNDRED MILLION DOLLARS IN GULF OPPORTUNITY ZONE BONDS.
OFFICIALS ARE HOPING THE DEAL WILL BRING BACK SOME FUN TO THE NEW ORLEANS AREA.
SIX FLAGS HAS BEEN CLOSED SINCE HURRICANE KATRINA HIT IN 2005.