Gov, Maui Mayor Meet About Possible Lanai Sale

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Back in December, Civil Beat reported that Castle & Cooke told lawmakers that the company had put Lanai up for sale.

Now, it appears there’s a very interested buyer. The AP reports: 

A potential buyer of Lanai, part of Maui County, was revealed to Gov. Neil Abercrombie and the county’s mayor at a meeting last week with representatives from landowner Castle & Cooke Inc. Self-made billionaire David Murdock’s Castle & Cooke owns 98 percent of island’s 141 square miles.

“I was told they’re in serious negotiations,” Mayor Alan Arakawa told The Associated Press on Tuesday. “There’s a possibility Lanai may be sold in a week or so.”

Residents have thought for months that Oracle CEO Larry Ellison and Microsoft Chairman Bill Gates would be likely buyers.

Flickr: Lanai City, courtesy of the_tahoe_guy.

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