JACKSON SAVES NEVERLAND
MICHAEL JACKSON has signed a deal to save his Neverland Ranch home from being sold at a public auction.
The California estate was scheduled to be sold off if Jackson failed to pay $24.5 million (£12.25 million) he owed in property taxes by 19 March (08).
With less than a week to go, the superstar has agreed a deal with an investment group that will allow him to retain ownership.
Jackson’s lawyer L. Londell McMillan tells PageSix.com, "Neverland and MJ are fine." Details of the agreement with the Fortress Investment Group are confidential.
Movie & Entertainment News provided by World Entertainment News Network (www.wenn.com)
Related News:
