Jackson's group paid $2.6 million for Curlin
AP , Louisville: Jul 8 2008
Made Popular Jul 8 2008

A group led by winemaker Jess Jackson paid $2.6 million for an 80 percent majority interest in rising star Curlin in 2007.

The purchase price, long held secret, has been released for the first time in a motion filed in a civil case against Curlin’s two minority owners. Until Tuesday, the sale price had been reported to be in the $3.5 million range.

Jackson headed a group with three partners in buying a majority interest in the chestnut colt from lawyers William Gallion and Shirley Cunningham Jr. Jackson later bought out his partners. Gallion and Cunningham retain a 20 percent interest in the 2007 Horse of the Year.

Gallion and Cunningham are awaiting a second trial on charges that they conspired to illegally take $65 million from clients in a $200 million settlement over the diet drug fen-phen. The motion containing the sale price was filed in a related civil lawsuit against the men.

Add Images and Videos
Close X
Recommended Tags or Keywords
Search by Tags or Keywords
Selected Media ( You can Upload only Six media )
Manual Upload
Sorry, no media found for this combination of tags. Try to search minimum number of tags at once
Add your Comment