Dreamland investment secures future and ends administration

The administrators running one of the UK’s oldest surviving amusement parks have said it has secured an investment of over £35m that will ensure its future and more than 300 jobs. Since it reopened to much fanfare in 2015, Dreamland Margate has struggled financially and was facing going into liquidation, which many in the Kent resort feared meant losing the historic attraction for good. The seaside amusement park has been run by directors from Duff & Phelps since May 2016, who revealed that the new investment has come from Cayman Islands-registered hedge fund Arrowgrass, its previous owner. They said [ ] The post Dreamland investment secures future and ends administration appeared first on Coinslot.
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