6:16 pm on Tuesday January 6, 2009
| Posted by Ken Hawkins
Hard Rock Park to be liquidated
Image by WikipediaImage by 20090106-hard-rock.jpg It's a Hard Rock life.
If you were a fan of Hard Rock Park in Myrtle Beach, it's now even less likely the bankrupt park has a future.
Read more stories on this subject in our Hard Rock Park topic page.The park said to be worth $400 million closed in September, and went up for auction. -- But no one would bid the minimum $35 million.
So, the company has gone under Chapter 7 bankruptcy and its assets are going to a trustee for liquidation.
The company is some $300 million in debt.
Crazy.