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Herbert Tyner

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April 29, 1990 | From Associated Press
They're off and running. And this time, say the people who have opened up their wallets, they'll be running in the black. "The previous owners were so burdened," said Bill Bork, vice president of Ladbroke Racing Corp. and acting general manager of Ladbroke at Canterbury Downs. "They were paying $5 million to $6 million every year in interest alone. No track can handle that." The original owners, which included the Santa Anita Realty Corp.
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SPORTS
April 29, 1990 | From Associated Press
They're off and running. And this time, say the people who have opened up their wallets, they'll be running in the black. "The previous owners were so burdened," said Bill Bork, vice president of Ladbroke Racing Corp. and acting general manager of Ladbroke at Canterbury Downs. "They were paying $5 million to $6 million every year in interest alone. No track can handle that." The original owners, which included the Santa Anita Realty Corp.
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SPORTS
April 24, 1990 | From Associated Press
Canterbury Downs is set to open Friday as scheduled after the new owners and operators of the Shakopee track got approval from the Minnesota Racing Commission for the necessary licenses. The Racing Commission on unanimous voice votes Monday granted the ownership license to New Canterbury Downs Partnership, co-owned by Detroit businessmen Herbert Tyner and Bernie Hartman and Ladbroke Racing Corp. of Great Britain.
SPORTS
March 16, 1990 | From Associated Press
The sale of Canterbury Downs' stock to Michigan investors Herbert Tyner and Bernie Hartman improves the track's chances of opening for a sixth season on April 27 as scheduled. Brooks Fields Jr.; his nephew, Brooks Hauser; Scottland Inc., and Santa Anita Realty Corp. signed over 100% of the track's stock as well as Santa Anita's management contract to Tyner and Hartman Thursday for an undisclosed price, believed to be less than $4 million. "The track is sold," Fields said.
SPORTS
April 11, 1990 | From Associated Press
There is no reason to think that Canterbury Downs will not open on schedule April 27, says the chairman of the Minnesota Racing Commission. "I think it will occur on time. I don't think the opening is in jeopardy at all," Chairman Ralph Strangis said Tuesday. Strangis made the remarks in response to questions about continuing negotiations between the track's new owners, Bernard Hartman and Herbert Tyner, and its prospective operator, the Ladbroke Racing Corp.
SPORTS
February 28, 1990 | From Associated Press
New Jersey businessman John Aglialoro, who last month bought 100% of Canterbury Downs' stock, has missed a deadline to acquire a reduced mortgage on the race track. But he may try again to strike a deal, his attorney says. Aglialoro's failure to make the Tuesday deadline put holders of the mortgage in position to control Canterbury and jeopardized the scheduled April 27 start of the track's sixth season.
SPORTS
January 16, 1990 | From Associated Press
New Jersey investor John Aglialoro has agreed to purchase the financially troubled Canterbury Downs race track, which is partly owned by Santa Anita of Arcadia, Calif., according to Aglialoro's attorney. "There is substantive agreement on everything," Bloomington lawyer John Broeker, who represents Aglialoro, said Monday. "We're still working on some of the language to the agreement. It's significant, but it's not a deal-breaking thing."
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