The historic Greenbrier Resort filed for Chapter 11 bankruptcy protection and unveiled a plan to sell itself to Marriott International for up to $130 million.
The deal is expected to close later this year, pending new labor agreements and approval from a bankruptcy court, which is expected to allow other potential buyers to make bids.
The resort is on the list of the National Register of Historic Places and has hosted 26 presidents, Monaco’s Prince Rainer and Princess Grace and the Duke and Duchess of Windsor.
Marriott plans to keep the Greenbrier name.
