TODAY'S Gold Coast Bulletin revealed Maritimo's Bill Barry-Cotter is attempting to buy back Riviera.
According to The Bulletin's website, Barry-Cotter has been negotiating with Riviera receivers since last year and could buy it for a fraction of the price he sold it for a decade ago.
Barry-Cotter sold Riviera to a private equity group for $180 and according to The Bulletin, industry sources indicate it could be sold for less than $30 million.
More to follow.
LOWRANCE last week launched its Elite 4 and Mark 4 sounder and sounder/GPS combo units in a media event held at Narabeen Lake north of Sydney.
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