Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Churchill Downs To Sell Arlington Heights Property For $197.2M

Churchill Downs Inc (NASDAQ:CHDN) has signed a Purchase and Sale Agreement with the Chicago Bears. The company has agreed to sell…
byShivani Kumaresan
September 29, 2021
1 minute read
Total
0
Shares
0
0
0
0
0
0
  • Churchill Downs Inc (NASDAQ:CHDN) has signed a Purchase and Sale Agreement with the Chicago Bears.
  • The company has agreed to sell the 326-acre property in Arlington Heights, Illinois, currently the home of Arlington International Racecourse, for $197.2 million.
  • The company targets closing the sale of the property in late 2022 / early 2023.
  • Churchill Downs plans to use the proceeds to purchase or invest in the replacement property.
  • Price Action: CHDN shares are trading lower by 0.48% at $240.09 on the last check Wednesday.
 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0