Wednesday, November 18, 2009

winning-bidders-to-turn-silverdome-into-soccer-stadium

 What an unbelievable price!

An unidentified Canadian real estate company was the winning bidder for the Silverdome, snatching it up for a Silverdome sells for ... less than a housemere fraction of its original value.

A Toronto-based family-owned company bid $583,000 for the under-used stadium on Monday, which is currently owned by the City of Pontiac, Mich.

Click on the following:  winning-bidders-to-turn-silverdome-into-soccer-stadium: Personal Finance News from Yahoo! Finance

The injunction filed Monday afternoon in Oakland Circuit Court was too late to stop the auction, according to Bloomfield Hills attorney H. Wallace Parker, who has headed the Silver Stallion Development Corporation. But it may be able to stop the sale of the Silverdome, which went for $583,000 Monday in a closed door auction between four top bidders.

See more details:  http://www.detnews.com/article/20091117/METRO/911170416/1411/METRO02