Jazzland purchase may have hit snag

Posted | Contributed by Shawn

The company that wants to buy Jazzland Theme Park has encountered a glitch in its plans to seal the deal. Entertainment Associates, LLC inteded to buyout the park's major loan so that they would have more influence in bankruptcy proceedings. The park however filed yesterday, and the transaction had not yet taken place.

Read more from the Times-Picayune.

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