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Wednesday, February 11, 2009

Hard Rock Park to be bought by MB Entertainment

from PR Newswire (2/11):

FPI MB Entertainment LLC Enters Into Contract With Bankruptcy Court Trustee to Purchase Assets of Hard Rock Park

"MYRTLE BEACH, S.C., Feb. 11 /PRNewswire/ -- FPI MB Entertainment LLC (FPI MBE) announced today it has entered into a contract to purchase substantially all the assets of Hard Rock Park in Myrtle Beach, S.C. The group's contract is with the appointed Chapter 7 Trustee in the United States Bankruptcy Court for the District of Delaware. The group has a fully-financed contract for the purchase price of $25 million, as well as, additional committed capital to open the park for the 2009 season." ...

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