MAGNA: Desperate hours fast approaching..

[Cannon Shell]

Originally Posted by phystech

I can assure you, Magna owns the facilties at Laurel and Pimlico. In fact, they also own the catering business that runs the bars and eateries at the tracks, they own the manure hauling, they own the vans that transport horses from Bowie to Laurel or Bowie and Laurel to Pimlico, etc. etc......

Which is the root of the problem...

[Scav]

I was reading an article that guys like Baffert and Hollendorfer were listed as creditors on the filing? Why would MEC owe these guys money, I thought the purse accounts were separate from the track??