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Article: Panama City - Bay County Airport and Industrial District Approves Contract to Sell Current Airport Site for $56.5 Million Plus Transfer Fees.
- Article from:
- Business Wire
- Article date:
- October 10, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PANAMA CITY, Fla. -- Contact phone number of release should read: 850-763-6751 ext: 203 (sted 850-673-6751 ext: 203).
The corrected release reads:
PANAMA CITY - BAY COUNTY AIRPORT AND INDUSTRIAL DISTRICT APPROVES CONTRACT TO SELL CURRENT AIRPORT SITE FOR $56.5 MILLION PLUS TRANSFER FEES
The Panama City - Bay County Airport and Industrial District (Airport Authority) today announced it has approved a contract to sell the current airport site to a subsidiary of Leucadia National Corporation of New York (NYSE:LUK) for $56.5 million in cash and significant revenues from transfer fees from the sale of future properties developed on site. The airport ...