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Johnsen & Reid Buy Control Of Kentucky Downs
Meanwhile a partnership led by former Lone Star Park president Corey Johnsen & Ray Reid (president of a private investment banking firm) "has reached an agreement to purchase a controlling interest in Kentucky Downs racetrack," reported thoroughbredtimes.com. The partnership will own 85% of the track, with current owners Churchill Downs, Turfway Park & Kelley Farms each retaining a 5% share.