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August 30, 2008 4:37:48 AM CDT


Stories related to: Neverland

Stories

5 Stories

  • June 2008
    • Investors Throw Dice on Jacko's Vegas Comeback

      Investors Throw Dice on Jacko's Vegas Comeback

      (Newser) - A Las Vegas comeback could be in the cards for Michael Jackson if a private equity firm has its way, the Wall Street Journal reports. A firm that owns the Las Vegas Hilton and a big stake in a casino company bought $23 million of Jackson's debt last month and is now in talks with the singer about an Elvis- or Celine-style residency on the Strip. More »

      Tags

      Las Vegas   private equity   singer   Michael Jackson   private equity firms   comeback   Neverland

  • May 2008
    • Investment Firm Bails Out Neverland

      Investment Firm Bails Out Neverland

      (Newser) - An investment company has bailed out Michael Jackson’s Neverland Ranch and a foreclosure auction of the 2,500-acre California property—which once featured roaming wild animals and amusement park rides—has been canceled, reports the Los Angeles Times . The financially troubled pop star bought the Los Olivos ranch in 1988 for $28 million. Jackson, who moved to the Middle East after his acquittal on sex abuse charges, will now be able to keep the estate. More »

      Tags

      celebrity   California   foreclosure   auction   Michael Jackson   ranch   Neverland

  • March 2008
    • Jacko Can Keep Neverland

      Jacko Can Keep Neverland

      (Newser) - The King of Pop will live another day as the rancher of Neverland. Michael Jackson made a last-minute deal today to refinance his notorious California homestead and will retain ownership, the AP reports. The 2,500-acre property had been scheduled for a public auction next week after Jackson—who hasn't lived there since being acquitted of child molestation charges in 2005—defaulted on his $24.5 million loan. More »

      Tags

      celebrity   California   David Beckham   Michael Jackson   child molestation   default   Neverland

  • February 2008
    • Jackson's Neverland Foreclosed

      Jackson's Neverland Foreclosed

      (Newser) - Creditors have foreclosed on Michael Jackson’s Neverland Ranch, which will be auctioned March 19 if the King of Pop doesn't pony up $24.5 million by that date, Fox News reports. If the sale goes through, Jackson would lose everything in the California house, including furniture and relics of its amusement park. He may let it go, Fox says: he beat it for Bahrain in 2005. More »

      Tags

      celebrity   California   foreclosure   auction   Michael Jackson   ranch   Neverland

  • October 2007
    • Cash-Strapped Jacko Could Lose Neverland

      Cash-Strapped Jacko Could Lose Neverland

      (Newser) - Michael Jackson has defaulted on a $23 million loan against his storied Neverland Ranch, and he’ll lose the Santa Barbara fortress if he doesn’t pay in 90 days. The King of Pop is in his worst financial situation ever, says Fox News, and speculation is mounting that he’ll declare bankruptcy to limit the damage. More »

      Tags

      Sony   Michael Jackson   default   Bahrain   Santa Barbara   Neverland   loan   Elvis

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