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.
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