State fair owner may sell land
from: wavy.com
06 Jun 2012
CAROLINE, Va. (AP) - The State Fair of Virginia and The Meadow Event Park could change hands again.
Universal Fairs LLC president Mark Lovell bought the 150-year-old fair's intellectual property and the event site at an auction for $5.67 million on May 22. He tells The Richmond Times-Dispatch that a group later approached him with an offer to buy the fair and the event site in Caroline County.
Lovell says he made a counteroffer. If the group accepts it, the property will be sold.
He didn't identify the potential buyer.
Lovell says he planned to operate the property as a "full-event facility" with the fair and other activities, such as trade shows. But if the price is right, he's open to selling the property.
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