Hyatt buying AmeriSuites for about $600M
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CHICAGO -- The Pritzker family&#39;s Hyatt Corp. said Thursday it plans to buy the AmeriSuites hotel chain from Blackstone Group in a deal reportedly worth more than $600 million.
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LONDON-Hyatt International, PGA and the Irish company XCES Projects is planning a euro 200-million ($262.5-million) tourist resort on a 650-acre site near Kinsale, County Cork.
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A luxury hotel is promising some of the finer things in life &#151; fur coat, 18-karat gold watch, plush bathrobes with political party affiliation &#151; to the couple willing to purchase its presidential inauguration package for the over-the-top price of &#36;200,500.
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Hyatt Corp. on Thursday said it agreed to buy AmeriSuites, an upscale limited-service hotel chain that it said would complement its full-service portfolio.
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US private equity group Blackstone is buying the Hilton Hotels chain for $26bn (Â£13bn) in an all-cash deal.
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NEW YORK -- Rupert Murdoch, the billionaire CEO of News Corp., has reportedly offered to buy a three-story penthouse for $44 million, which would be the highest price ever paid for a Manhattan by about $1.75 million if the deal goes through.
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Private equity firms Madrone Capital  Partners and Goldman Sachs Capital Partners agreed to invest $1  billion in closely held Global Hyatt Corp, the hotel company&#39;s  chairman, Tom Pritzker, said on Wednesday.
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Hilton Hotels Corp.  said on Wednesday it expects recurring earnings per share to increase 16 percent to 22 percent annually through 2009 as it adds about 120,000 rooms globally over the next three years.
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US buyout specialist Kohlberg Kravis Roberts &amp; Co. is buying Masonite International (MHM.TO: Quote, Profile, Research) , a Canadian-based maker of building products
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Real estate investment trust Spirit Finance Corp.  said on Tuesday it would be acquired by a consortium led by Australia's Macquarie Bank Ltd.  for about $1.6 billion.
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Fidelity Investments, one of the last prominent downtown Boston-based companies, is negotiating to buy the former FleetBoston Financial Corp. headquarters building at 100 Federal St. for at least $500 million, according to real estate executives briefed about the deal.
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PacifiCare Health Systems Inc. will pay $502 million to buy all outstanding shares of common stock of American Medical Security. Under the terms of the merger agreement, Cypress-based PacifiCare will pay $32.
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Morgan Stanley's  real estate unit said on Thursday it would buy Australia's Investa Properties Ltd.  for A$4.7 billion (US$3.9 billion), the latest in a string of property takeovers by the U.S. investment bank.
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Ashford Hospitality Trust Inc. (NYSE:AHT) said Monday it has agreed to buy a 21-property, 4,094-room hotel portfolio for $250 million, including assumed debt.
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The 322-room Tremont Boston was sold to Highland Hospitality Corp., a Virginia-based real estate investment trust that purchased the hotel along with three others for $227 million from Wyndham International Inc.
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Hyatt Corp. disclosed plans Thursday to buy the 143-hotel AmeriSuites chain in an estimated $600 million-plus deal that analysts said makes the luxury hotel company more of a well-rounded rival to much bigger Marriott International Inc.
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LONDON/NEW YORK  - InterContinental Hotels Group  Plc IHG.L said on Friday it was selling 13 hotels to  Hospitality Properties Trust HPT.N for $450 million, as part  of its strategy to sell hotels it owns and focus on franchising  and managing instead.