Automatically clustered newsroom coverage around one of the most active themes in the intellectual property ecosystem.
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…
Churchill Downs Inc. has purchased the intellectual property rights to the Preakness Stakes from The Stronach Group for $85 million. The deal, expected to close after the May 16 Preakness race, includes plans to lease the rights back to the Maryland Jockey Club. This transaction raises strategic questions about the fu…
Churchill Downs Incorporated has agreed to purchase the intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Racing’s Maryland division for $85 million. The transaction, expected to close after the May 16 Preakness running at Laurel Park, will enable Churchill Downs to license th…
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