LOUISVILLE, Ky. (AP) - A group led by winemaker Jess Jackson
paid $2.6 million for an 80 percent majority interest in rising
star Curlin in 2007.
The purchase price, long held secret, has been released for the
first time in a motion filed in a civil case against Curlin's two
minority owners. Until Tuesday, the sale price had been reported to
be in the $3.5 million range.
Jackson headed a group with three partners in buying a majority
interest in the chestnut colt from lawyers William Gallion and
Shirley Cunningham Jr. Jackson later bought out his partners.
Gallion and Cunningham retain a 20 percent interest in the 2007
Horse of the Year.
Gallion and Cunningham are awaiting a second trial on charges
that they conspired to illegally take $65 million from clients in a
$200 million settlement over the diet drug fen-phen. The motion
containing the sale price was filed in a related civil lawsuit
against the men.
(Copyright 2008 by The Associated Press. All Rights Reserved.)