: 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

Feminist Bookstore Slams 'Portlandia' And Says Show Can No Longer Film There

The staff of In Other Words say the TV comedy is "diametrically opposed to our politics and the vision of society we're organizing to realize."
NPR

The Sweet Success Of Bananas Foster Has An Unsavory Past

One of New Orleans' favorite desserts is a lasting legacy of an oft-forgotten chapter in the city's history: the banana trade, and its infamous practices.
NPR

Ala. Chief Justice Roy Moore Suspended For Rest Of Term Over Gay Marriage Stance

The head of the state's Supreme Court loses his judicial ethics case and is ordered to pay the costs of the proceedings against him.
NPR

The People's Guide To Navigating Racial Awkwardess

What are the best strategies for responding to uncomfortable racial comments? We asked, you delivered. Here are some of our favorite ideas.

Leave a Comment

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