David Zaslav seeks to buy Camp Mohawk for $68M
Warner Bros. Discovery CEO David Zaslav made a $68 million bid to buy the summer camp his kids attended. Zaslav’s Grandview Ventures reached a deal with Simad Holdings to provide the stalking horse bid for Camp Mohawk in Westchester County. Camp Mohawk’s parent company Simad Holdings filed for bankruptcy in June after it defaulted on payments to its Israeli bondholders. “This is a personal family investment that reflects our lifelong belief that summer camp can be a wonderful part of a child’s growth, and Mohawk’s history as a successful camp experience for so many kids, including our own,” a spokesperson […]
This article originally appeared on The Real Deal. Click here to read the full story.
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