Coolmore made $30m bid for breeding rights

Coolmore Stud made an unsuccessful $30 million (€19 million) bid for half of the breeding rights for Big Brown, winner of this year’s Kentucky Derby, in recent weeks.

Ian Kehoe - avatar

Ian Kehoe

28th June, 2008

Coolmore Stud made an unsuccessful $30 million (€19 million) bid for half of the breeding rights for Big Brown, winner of this year’s Kentucky Derby, in recent weeks.

Coolmore’s offer was rejected by International Equine Acquisitions Holdings (IEAH), which owns Big Brown, one of the top thoroughbred racehorses in the world.

As well as gaining control of half of Big Brown’s future breeding income, Coolmore, controlled by John Magnier, had hoped to...

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