» Magna creditor objects to auction procedures

Magna creditor objects to auction procedures

Posted: 1:00 am Fri, March 27, 2009
By admin

WILMINGTON, Del. — Magna Entertainment creditor PNC Bank is objecting to auction procedures proposed by the largest horse track owner in the United States, including Pimlico Race Course, home to the Preakness Stakes, the second leg of racing's Triple Crown. In a filing Thursday with the U.S. Bankruptcy Court in Delaware, PNC said it does not ...

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