Maryland Exercises Right of First Refusal to Acquire Preakness Stakes Intellectual Property, Blocking Churchill Downs’ $85M Bid

Maryland Exercises Right of First Refusal to Acquire Preakness Stakes Intellectual Property, Blocking Churchill Downs’ $85M Bid Maryland has invoked its statutory right of first refusal to purchase the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Maryland LLC. This move effectively halts Churchill Do... Read the full IIPLA article: https://iipla.org/news/maryland-exercises-right-of-first-refusal-to-acquire-preakness-stakes-intellectual-property-blocking-churchill-downs-85m-bid