Hegarty follow up...
http://www.drf.com/news/article/101770.html
The cancellation of the spin-off plan suggests that Magna Entertainment is one step closer to bankruptcy reorganization. If Magna files for bankruptcy, the company will likely continue to operate its racetracks under the protection of the court, but could face a forced sale of several of its properties as a means of paying off creditors.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
|