Looks like Six Flags is buying Wet 'N' Wild Phoenix!
According to a recent ABC 15 article,
The theme park operator announced Tuesday that it had entered into a purchase agreement with Premier Parks, LLC to purchase the lease rights to manage its five water parks, including the 35-acre park near 43rd Avenue and Pinnacle Peak Road in Glendale.
A statement from Six Flags chairman Jim Reid-Anderson says,
"We are thrilled to welcome these outstanding properties and employees into our family of parks and look forward to sharing the thrill of Six Flags with guests of all ages in these key markets"
The actual purchase price was not disclosed.