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2009 Kentucky Derby winner Mine That Bird, shown exercising at Pimlico Race Course (Rob Carr/AP)
2009 Kentucky Derby winner Mine That Bird, shown exercising at Pimlico Race Course (Rob Carr/AP)

MI Developments posts fourth-quarter loss Add to ...

MI Developments Inc. had an $89.3 million net loss in the fourth quarter, wiping out all profit recognized in the first half 2010.

The quarterly loss was nearly evenly split between the MID's real-estate and horse-racing divisions.

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