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Michael Jackson's Neverland Valley Ranch in California will be closed and sold on March 19 unless the pop star pays a balance of nearly $25 million, as reported on FoxNews website.
The "King of Pop" has owned the 2,800-acre (1,133-ha) ranch in the rolling foothills above the California coast since 1988, naming it after the whimsical island where children never grow up in J.M. Barrie's Peter Pan stories.