Reply to "Perfect Game left LakePoint?"

CaCO3Girl10,000+ posts

MidAtlanticDad posted:
CaCO3Girl posted:
atlnon posted:
I wonder what kind of deal PG has with LakePoint. If PG has a very good deal, maybe LakePoint decided it gave away too much and they are not able to make a profit, hence the bankruptcy filing, and the filing allowed LakePoint to renegotiate causing PG to walk away?
The bankruptcy was a legal loophole Lakepoint always planned on taking advantage of.
I seriously doubt if the original investors in LakePoint Land LLC ever envisioned getting involved with a private equity firm and losing their majority ownership.

Agree to disagree on that one.

This is a high end real life monopoly game.

10/31/189:41 AM

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