Pimlico Race Track, Laurel Park And the Bowie On The Block | WAMU 88.5 - American University Radio

: News

Filed Under:

Pimlico Race Track, Laurel Park And the Bowie On The Block

Play associated audio

By Meymo Lyons

Magna Entertainment Corp. is moving forward with the sale of its Maryland thoroughbred race tracks without an initial bid.

Magna, which filed for bankruptcy protection in March, was scheduled to file a motion Wednesday in federal bankruptcy court in Delaware revealing a so-called stalking horse bidder, which allows the bankrupt company to avoid low bids by setting the bar for the sale process. But now Brian Rosen, an attorney representing the Ontario-based firm, says Magna decided it will bypass the lead bid and proceed to the second round of bidding due December 4th.

An auction for Pimlico Race Track, Laurel Park and the Bowie Training Center is scheduled for January 8th. Potential buyers must agree to keep the Preakness, the second leg of the Triple Crown, in Maryland.

NPR

Getting A Tattoo Is An Unlikely Rite Of Passage For This Teen

Commentator Katie Davis helped with an unlikely coming of age ceremony for a young man she mentored and tutored for years. She took him to get his first tattoo.
NPR

There Are 200 Million Fewer Hungry People Than 25 Years Ago

That's the good news. The bad news is that there are still 795 million people who don't get enough to eat — and enough nutrients in their food.
WAMU 88.5

Virginia Candidates Spending Big On Consultants, Postage

The political consultants need to get paid, and that direct mail needs postage. Then there's the website and the campaign staff. These are the things candidates in the upcoming Virginia primary are spending big money on.
NPR

Threatened Online? Supreme Court Says Prosecutors Must Prove Intent

Justices declined to delineate exactly what sort of evidence could prove that an online post — such as "took all the strength I had not to ... slit her throat" — was intended to spark fear.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.