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: Legal Pad | LA

Horsemen fear time has taken its toll on Magna

By Richard Binder

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Magna Entertainment Corp. has lost about $500 million the past five years. It is expected to default on a $40 million note due Thursday with a Canadian bank, which would cause an additional debt of about $230 million to immediately...

Full post as published by Legal Pad | LA on March 04, 2009 (boomark / email).

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