Grand Lucayan deal extension runs out

Fri, Sep 23rd 2022, 06:14 AM

After several extensions to the due diligence period for the Grand Lucayan resort sale, there is still no indication that the sale of the troubled Freeport property to Electra America Hospitality Group for $100 million will close anytime soon - if at all. Last week Thursday, Lucayan Renewal Holdings Limited (LRHL), the special purpose vehicle ...
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