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Big Kahuna s in Destin resuming daily operation after remodel

YEAR END: Owners of Destin waterpark file for bankruptcy

The article about the situation was one of the most-viewed News Herald stories of 2020. Apex Parks Group, which purchased Big Kahuna’s Water & Adventure Park in 2014, announced in April that it had filed for Chapter 11 bankruptcy and intended to sell the site. The park had already been closed because of the COVID-19 pandemic. Apex Parks Group “is pursuing a comprehensive financial restructuring aimed at reducing the company’s current debt and, ultimately, enhancing operations to continue to serve guests and communities for years to come,” a company news release said. In June, APX Acquisition Company LLC, which held much of the Apex Parks Group debt prior to the bankruptcy filing, bought Big Kahuna and several other parks around the country. Big Kahuna then reopened later in June.

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