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Magna Sells US Track Great Lakes Downs

Friday, 18th July 2008

Also in Michigan, Magna Entertainment Corporation announced the sale of Great Lakes Downs racetrack (which it closed last November) to The Little River Band of Ottawa Indians for US$5 million cash," reported bloodhorse.com. Great Lakes Downs was offered for sale along with other tracks by MEC "as part of a debt-reduction plan announced last year".

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