It has been reported that, along with others, a business executive from New Jersey's Monmouth County has expressed interest in leasing Monmouth Park
.
According to the Asbury Park Press, formal talks have not yet taken place, but George E. Hall has requested Monmouth Park's financial records and other documents but hasn't heard back.
"I haven't gotten any of the financials. If it ultimately is for sale, I'd like to look at everything, but right now I don't know any of the pros and cons," Hall, the founder and majority shareholder of the Clinton Group Inc. investment advisory firm, was quoted as saying in the article. "I haven't been told who is running the process."
The report also cites the head of a racehorse consulting and bloodstock agency, Jeffrey Sedor, as saying that he proactively pursued officials in the state for five months about what would need to be done to acquire Monmouth Park.
Sedor was quoted as saying, "Then all of a sudden they said they had a deal on the Meadowlands, and I thought, "Wow, we couldn't even get a bid in on Monmouth Park or the Meadowlands or both.'"
The article indicates that there are six other bidders in the running to acquire Monmouth.
(With files from the Asbury Park Press)
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