From the Daily Racing Form:
MI Developments, the parent company and largest creditor of the bankrupt racetrack company Magna Entertainment Corp., will take possession of Santa Anita Park, Gulfstream Park, Golden Gate Fields, and Magna's account-wagering company, XpressBet, after an agreement was reached with Magna's creditors' committee, several officials involved in the bankruptcy said on Monday.
Complete story here [3]
UPDATE: The Wall Street Journal [4] adds MI Developments would also have the right to receive the assets or proceeds from the sale of Portland Meadows.
