◆ NeutralPFHPRHPRSPRUCI
Sale Proposal for The Dolphin Company to Grupo Xcaret Threatens 90% Monopoly and Violates Court Rulings
GlobeNewswire Inc.·
The Dolphin Company's management has proposed selling its Mexican assets to Delphinus Blue Planet (Grupo Xcaret subsidiary) for $20 million, a deal that would violate Mexican Supreme Court rulings and create a 90% monopoly in dolphin habitat tourism. The proposal was filed in U.S. Bankruptcy Court despite an active judicial stay from Mexico's highest court prohibiting asset sales without authorization.
Read Full Article at GlobeNewswire Inc. →