Challenger Acquisitions invests in Texas observation wheel

By Andrew Scott / January 18, 2018 / www.proactiveinvestors.co.uk / Article Link

Mark Gustafson, chief executive of Challenger Acquisitions Limited (LON:CHAL), tells Proactive's Andrew Scott they've invested in a second giant observation wheel project, this time in Dallas, Texas.

The AIM-quoted firm has invested US$300,000 towards the pre-development costs of the Eye of Texas, with the option to invest up to US$1mln in this first tranche.

The remainder of the US$3mln of pre-development costs is being raised by local developers.

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