Ok...The headline is not entirely true, but they practically now own all of the boardwalk in Point Pleasant Beach. Keyword...Practically

Yesterday, Jenkinson's Boardwalk purchased Risden's Beach and Bath House on the Point Pleasant beach boardwalk for $7.1 million bucks!

According to the Patch:

The purchase includes the beach, the boardwalk and the parking lot where Risden's, which owned the boardwalk's southern portion for decades, operated.

No word if Jenkinson's is planning on making any changes. Click HERE for the full story