Partial Arrow owner wants to buyout the rest of the company

Posted | Contributed by Jeff

The majority shareholder in roller-coaster maker Arrow Dynamics, which is in Chapter 11 bankruptcy, has offered to buy the remaining interest for $384,000. Hong Kong businessman James T. King, who claims a 56 percent ownership interest worth $1.8 million in the Clearfield-based manufacturer, has joined with Florida developer Conrad Wagner in a bid for Arrow Dynamics.

Read more from AP via the Standard-Examiner.

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