Rockefeller Company loses fight over quake-prone APN building

Overton Holdings, the former company of deceased businessman Herman Rockefeller has lost a $2.4 million court fight against publisher APN [ASX: APN].

Mr Rockefeller had signed an eight-year, $4 million sale and leaseback deal for Overton with APN over for its Hawkes Bay Today building in Hastings back in 2007. Overton is now ultimately owned, through a holding company, by Mr Rockefeller’s widow, Vicky Rockefeller.

 

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