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Stock Market & Financial Investment News

News Breaks
August 1, 2014
14:52 EDTAWXAvalon Holdings acquires The Magnuson Grand Hotel
Avalon Holdings announced that a wholly owned subsidiary of Avalon has completed the purchase of all of the assets of The Magnuson Grand Hotel in Howland, Ohio. The Magnuson Grand was formally known as the Avalon Inn. This transaction also included the purchase of the adjoining tennis center. In the near future the hotel will be renamed The Avalon Resort and Spa and a multi-million dollar renovation and expansion to the existing facility is being designed.
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