Manitou Fund announces plans to purchase Stillwater s troubled Zephyr Theatre – Twin Cities twincities.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from twincities.com Daily Mail and Mail on Sunday newspapers.
"Creditors will be lucky to get 10 cents on the dollar, and the money will literally go to no purpose. It's like buying a ticket to the Titanic after it's hit the iceberg," a former employee said.