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Parent company reaches agreement to buy Laurel, Pimlico before auction (access required)

Posted: 6:58 pm Tue, March 23, 2010
By Liz Farmer
Daily Record Business Writer

Maryland’s race tracks have again been yanked off the auction block — this time because their owner has reached an agreement to sell them to its parent company. Ontario-based Magna Entertainment Corp. on Tuesday notified the six parties who were to bid on the properties, which include Pimlico Race Course and Laurel Park, that Thursday’s ...

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