Dolphin Cove sale in doubt as majority owner says deal unlikely to close

Jamaica Observer ·
Business Mergers & Acquisitions Jamaica
Jamaica

KINGSTON, Jamaica —The sale of World of Dolphins Inc’s 79.99 per cent stake in Dolphin Cove Limited is in doubt, after the majority shareholder told the board it does not expect Global Attractions Limited (GAL) to complete the acquisition. Global Attractions previously signed a share purchase agreement (SPA) with World of Dolphins on July 9 to acquire its entire ownership in Dolphin Cove, a…

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