09/27/2001 11:00PM

Deal struck to purchase Vernon Downs

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Three Standardbred owners - Sanford Goldfarb, Eric

Cherry, and Steven Goldberg - have reached an

agreement to buy Vernon Downs, the struggling harness

track in upstate New York, for $9 million, from

Mid-State Raceway, the track's parent company. The

sale is subject to the approval of the New York State

Racing and Wagering board.