Two companies make a bid for VisionLand at bargain basement prices

Posted Friday, October 18, 2002 4:59 AM | Contributed by astrosgp

Two companies have made bids to buy VisionLand at a fire sale price compared to the $90 million 11 Jefferson County municipalities spent building the now bankrupt amusement park. In the only bid made public, Louisville-based Themeparks LLC offered to buy VisionLand for $4 million, a fraction of the $25 million asking price the West Jefferson Amusement and Public Park Authority sought. San Diego-based Team ProParks LLC also made a bid but would not reveal the amount or conditions. Paul McCrade, a partner with Team ProParks, said his company's bid was comparable to Themeparks' and between $3 million and $5 million.

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