Abandoned Resort Town Sits Empty After Developers Sent To Prison For Fraud

Apr 03 2021

There’s a partially-built out resort community in Branson, Missouri, sitting abandoned for years, with well over a billion dollars left behind to decay since the Great Recession. It’s called Indian Ridge and it was supposed to “have one of the country’s largest water parks, golf courses, hotels conference centers and shopping.”

Developers went to prison over fraudulent financing for the project and it was never completed. A visitor to the ghost resort has gone viral on TikTok showing her visit.

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European Regulators Kill Air Canada’s Acquisition Of Transat, Deal’s Off

Apr 02 2021

Twenty one months ago Air Canada announced they’d be acquiring Canadian low cost carrier Air Transat, in a deal that was finally going to be worth about three quarters of a billion dollars. That price got chopped down to less than $200 million during the pandemic.

The deal was delayed by Canada’s competition regulators, that pushed them into the pandemic and lowered the price. Now the deal has been terminated as a result of European Commission objections.

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