Broadmoor Withdrawing From Norris-Penrose Event Center Deal

Broadmoor Withdrawing From Norris-Penrose Event Center Deal
(Colorado Springs, CO) -- The Broadmoor is putting the brakes on a deal to buy the Norris-Penrose Event Center. Broadmoor President and CEO Steve Bartolin tells the "Colorado Springs Gazette" the decision was recently made after research was done on the deal. He did not go into specifics as to why it would not move forward. The deal was initially announced last month. The Pikes Peak or Bust Rodeo Foundation has owned Norris-Penrose since 2005.