WEST PALM BEACH, Fla., Nov. 11 (UPI) -- Boxing promoter Don King says he's owed $1 million from a company that had proposed to redevelop his Mangonia Park, Fla., property.
King, 77, considered the most successful fight promoter of all time, appeared in Florida district court Monday to press his suit against defunct development company EB Acquisitions. King claims he was not paid the $1 million deposit the firm owed him after he agreed in 2004 to partner with it on a proposed 1,500-unit housing project, the Palm Beach Post reported Tuesday.