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Magna in discussions with possible buyers

By Matt Hegarty
Daily Racing Form

Friday, August 7, 2009

The consulting firm representing Magna Entertainment Corp. in its bankruptcy reorganization is "in discussions" with potential bidders for several of its racetracks, an official with the company said on Thursday. Michael Wildish, a managing director of the bankruptcy-consulting company Miller Buckfire, would not identify the companies or the tracks in which the bidders had expressed interest. The discussions revolve around whether bids submitted by the companies by a July 31 deadline would qual ...

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