sc96 (Offline)
#14
7/10/10 6:01 PM
If this is all true then I would say the sale to the crane company was a back door deal to get the track closed. I have seen deals like this before the group that wants the place has leverage over a company that owes them money. So in all reality the company doing the buying has no money and is just a face of the purchase. Then when the deal is done and everybody is not looking the company that bought it goes belly up and the real buyer slides in to save the day and gets the property. Don't be surprised when this all comes out in the wash that it ends up being a INSIDE DEAL to just get rid of the place.