Latest / Charleston West Virginia News Today | 2 Min News | The Daily News Now!
Greenbrier’s Big NY Investment Deal | Charleston News
The historic Greenbrier Hotel just closed a $515 million deal with New York’s Kennedy Lewis Investment Management, ending a bitter legal battle with the Omni Hotel group over crippling debt. With Kennedy Lewis taking a 51% stake, the resort’s future is now in new hands — and Senator Jim Justice’s family retains a minority interest. Governor Patrick Morrisey welcomed the move, hoping it’ll revive the legendary property. The New York firm is setting up a dedicated investment vehicle, filing for casino licenses, and assembling a five-person board — including co-founders Darren Richman and David…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.