Court Approves Sale of Storied Music Venue El Mocambo to New Owner

Court approves sale of storied music venue El Mocambo to new owner

Former “Dragons’ Den” star Michael Wekerle sunk a lot of money into the El Mocambo, but couldn’t breathe enough fire into the storied venue, which now has a new owner. The legendary rock bar on Spadina Avenue in Toronto announced on Tuesday that the Ontario Superior Court of Justice has approved its sale to a […]

Michael Wekerle out at Toronto's El Mocambo as venue sells to Brookfield exec

TORONTO - Michael Wekerle's rock 'n' roll love affair with the El Mocambo has officially played its final note.

Judge approves sale of Toronto’s El Mocambo, which is expected to remain a music club

Company controlled by Cyrus Madon, executive vice-chair at Brookfield Asset Management, takes over famed venue

Court approves the sale of El Mokombo, the music site stored to the new owner

Former “Dragons Dane” star Michael Veckerlet drowned a lot of money in El Mokombo, but did not adequate fire in ... Read more The post Court approves the sale of El Mokombo, the music site stored to the new owner appeared first on The Local Report.

Michael Wekerle out at Toronto’s El Mocambo as venue sells to Brookfield exec – 105.9 The Region

TORONTO — Michael Wekerle’s rock ‘n’ roll love affair with the El Mocambo has officially played its final note. Management at the legendary Toronto concert venue says an Ontario court has approved the sale of its assets to a company controlled by Cyrus Madon, a longtime executive at Brookfield Asset Management. Financial details were not disclosed, but a spokesperson for the El Mocambo says Wekerle is not involved in the deal. The sale is subjec…