Judge Oks Transfer of Maryland's Race Tracks Laurel and Pimlico to Parent Company
The Daily Record (Baltimore) › May 03, 2010
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Summary
A judge Monday approved Magna Entertainment Corp.'s reorganization plan, which includes the transfer of Maryland's race tracks to parent company MI Developments Inc.
That means that by the time the Preakness Stakes is run on May 15, Pimlico Race Course will be under new ownership for the first time in nearly eight years.See the full content of this document
Extract
Judge Oks Transfer of Maryland's Race Tracks Laurel and Pimlico to Parent Company
MID hopes to take ownership of five tracks, including Laurel Park and Pimlico in Maryland, by Friday night pending gaming licensing approval in Florida, according Magna attorney Brian Rosen.
Rosen sai...See the full content of this document
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