Westwood Club's Sale Approved Overwhelmingly ; $3 Million Deal Ok'd with Backers of 2 Restaurateurs
Buffalo News › December 07, 2011
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Summary
Shareholders on Tuesday evening overwhelmingly approved the sale of the Westwood Country Club in Amherst.
In a brief meeting at the club, shareholders voted, 68-10, to accept a $3 million offer from a group supporting Jon Cohen and Todd Sugarman, who jointly own the Windows on the Green restaurant inside the club. Closing is expected to be complete by mid- February.See the full content of this document
Extract
Westwood Club's Sale Approved Overwhelmingly ; $3 Million Deal Ok'd with Backers of 2 Restaurateurs
The new owners also agreed to assume Westwood's debts, which include a bank mortgage and $775,000 in bridge loans from 11 of its members.
"We are pleased and relieved that the task is over," We...See the full content of this document
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