Bankruptcy judge approves Magna Entertainment financing
Tuesday, April 21, 2009 : PermalinkCJBK – A bankruptcy judge on Monday agreed to grant final approval of a modified financing plan for horse-track owner Magna Entertainment Corp. (TSX:MEC.A).
Ontario-based Magna Entertainment is the largest horse track owner in the United States. Its holdings include Golden Gate Fields in Northern California, Gulfstream Park in Florida, Lone Star Park in Texas and Baltimore’s Pimlico racetrack – host of the Preakness Stakes, the second leg of the Triple Crown.
Tags: bankruptcy judge, final approval, golden gate, golden gate fields, gulfstream park, horse track, lone star park, magna entertainment corp, mec, northern california, pimlico racetrack, preakness stakes, star park, triple-crown, tsx
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