Tag Archives acquisition

Churchill Downs to “to restore Turfway to its former glory” in $46m acquisition

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Louisville-headquartered racetrack and casino operator, Churchill Downs Inc. (NASDAQ: CHDN), has reportedly entered into an agreement to acquire the Thoroughbred racetrack in Northern Kentucky, Turfway Park, from Jack Ohio LLC and Hard Rock International. The $46 million deal is contingent on approval by the Kentucky Horse Racing Commission (KHRC), which will meet on Tuesday. ...