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Groups interested in Vernon

December 08, 2004

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A lawyer for Vernon Downs has been quoted that there are two groups of investors willing to spend about $40 million to purchase the track's parent company Mid-State Raceway. The lawyer declined to name to possible buyers, saying though that "These are both very real and very interested parties."

A hearing to discuss Vernon's financial problems has been postponed until Dec. 16, which will include a motion to appoint an independent trustee to run Mid-State.
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