A Canadian company has bought the historic Hotel Tower on Main Street in a US$8M deal and yesterday announced plans for rebranding even as the Ministry of Labour initiated legal action to get the previous owners to pay the over $5M owed to workers.
The buyer, Panther Corporation of Canada, will in no way take over the responsibility of paying workers still owed by the previous owners.
“As of two days ago, we have arranged to purchase the Tower Hotel as well as the 200 acres towards Linden… the total acquisition is