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Sunterra Corporation Bolsters UK Resort Offering With Acquisition of Thurnham Leisure Group.

Publication: PR Newswire
Publication Date: 28-JAN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LAS VEGAS, Nevada, January 28 /PRNewswire/ -- Sunterra Corporation (Nasdaq: SNRR) announced the purchase of the majority of the assets of UK-based Thurnham Leisure Group.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030219/SUNLOGO)

Following the appointment of an Administrative Receiver over Thurnham Leisure Group, Sunterra Europe purchased the common areas and assets of Thurnham Leisure Group's Thurnham Hall, Cromer Country Club and Club Britannia for approximately 2 million pounds.

Nicholas Benson, Sunterra's CEO, commented,...

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