Miami Arena Auction Gets Higher Bid; Winner Hopes to Keep Venue Open

Sigo, Shelly
August 2004
Bond Buyer;8/12/2004, Vol. 349 Issue 31946, p4
Trade Publication
Reports that the arena in Miami, Florida was auctioned off for about $28 million. Anticipation of the Miami Sport and Exhibition Authority to sell the arena and a prime property in downtown Miami to private developers; Intention of bid winner Glenn Straub, a Palm Beach County businessman to keep the facility open; Purpose of the proceeds of the sale.


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