Popular Houston music festivals auctioned off due to owner’s debt


Ownership of Houston’s popular Free Press Summer Fest and Day for Night festivals was sold on November 26 in an auction due to an unfulfilled loan agreement between the founder and FPH Chicken Holdings. A statement released by lawyers said Omar Afra, the festivals’ owner, sold the entities for $50,000 to FPH Chicken Holdings after racking up $850,000 in debt for funding made in late 2015 and early 2016. The statement says the loan was…

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