Share |

Bangasser Deal to Buy Loop Falls Through

The agreement that would have made Tom Bangasser the Owner and Publisher of the Vashon Loop and several website relating to Vashon Island is off the table.

Steven Allen announced late Friday the he has withdrawn from talks that would make Bangasser the Owner. While not elaborating on the details, Steven Allen the current owner and publisher of the Vashon Loop, said that the wording in the formal documents to be signed were too far apart from the original verbal talks. Steven was quoted as saying that “the final terms of the agreement did not meet all my objectives and goals with the sale of the Vashon Loop and associated websites. I want to thank Tom for stepping forward and discussing the various options presented, but in the end we just could not come together on an agreement what would satisfy my reasons for selling the Vashon Loop or websites.