Baha Mar Founder Said to Offer Funding to Prevent LiquidationBy and
Work on $3.5 billion resort has been stalled since April
Sarkis Izmirlian has sunk $850 million into Bahamas project
Sarkis Izmirlian, who spent 13 years developing the $3.5 billion Baha Mar golf and casino resort in the Bahamas, has offered additional investments, including short-term funding, to prevent a full-blown liquidation, according to a person familiar with the situation.
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