Cypress Gardens purchased by non-profit group

Posted Friday, September 26, 2003 5:06 AM | Contributed by Jeff

Cypress Gardens, a venerable but recently closed Florida tourist attraction famous for water skiers and Southern belles, is set to be bought by a nonprofit environmental group in a $22 million deal that would save the park from immediate dissection. Five months after the Winter Haven theme park shut its doors, the Trust for Public Land said on Thursday it has reached agreement with the park's owners to purchase the park that was a vacation destination for millions of tourists over its 60-year life.

Read more from Reuters.

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