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Maryland Governor Wes Moore announced the state will match Churchill Downs’ $85 million bid to purchase the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. The acquisition will be financed through 30-year bonds issued by the Maryland Economic Development Corporation, with debt service…
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Maryland Moves to Acquire Preakness Stakes Intellectual Property for $85 Million Maryland Governor Wes Moore announced the state will match Churchill Downs’ $85 million bid to purchase the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. The acquisition will be finan... Read the full IIPLA article: https://iipla.org/news/maryland-moves-to-acquire-preakness-stakes-intellectual-property-for-85-million