Kerzner now Management Company – Layoffs could come days after elections…
Breaking News <<< Atlantis is now a management company. Breaking News coming from Paradise Island reveals Brookfield Asset Management Fund Assumes Kerzner’s Ownership Interests in Atlantis Paradise Island and One & Only Ocean Club.
As part of the transaction, Brookfield Fund has exchanged approximately $175 million of debt for Kerzner’s equity interests in the Bahamian companies.
Kerzner will continue to manage Atlantis Paradise Island and One & Only Ocean Club. BP has been informed that a press conference is scheduled for 5PM today on the announcement.
NO WORD ON LAYOFF HAVE BEEN CONFIRMED BY THE COMPANY!!! Some speculate terminations can come perhaps just days after elections.
ONCE AGAIN BP IS REPORTING ATLANTIS AS WE KNOW IT IS NOW OWNED BY BROOKFIELD!!!!