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MEC Parent Asks to Sell Remington for $80M

MEC Parent Asks to Sell Remington for $80M

MI Developments, parent company of Magna Entertainment Corp., said Aug. 12 debtors filed a motion seeking court approval to sell MEC-owned Remington Park Racing & Casino in Oklahoma to a third party for $80.25 million pending "higher and better offers."

 Thursday, August 13, 2009