Dubai investment firm buys Saratoga stable and thoroughbred auction company
Published June 27th, 2008
Synergy U.S. Investments Inc. of Dubai paid $5.7 million to acquire Fasig-Tipton Co. Inc.’s 6.4-acre riding stable, auction house and associated land in Saratoga Springs.
Fasig-Tipton, the nation’s oldest thoroughbred auction company, announced earlier this year that Synergy was buying its operations. The company hosts horse sales in Saratoga Springs, Florida, Kentucky, Maryland and Texas.
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