The American Express

La Quinta, Calif.



Union Deal At The Greenbrier

May 01, 2009

Unions at the Greenbrier  have reached agreements with the West Virginia golf resort that should allow it to be sold a unit of Marriott, the AP is reporting. The agreements now have to be approved by a U.S. bankruptcy court.

The Greenbrier has three 18-hole courses: Old White (pictured), Greenbrier and Meadows. Owned by CSX, the resort filed for bankruptcy protection earlier this year after posting $35 million in 2008 losses. Part of the problem was the economy, of coures. But cancellations stemming from its ongoing labor dispute surely didn't help.

-- P.F.