Monday, July 2, 2007

Cerberus to sell Imperial Hotel stake: Nikkei

(Reuters) - The prestigious hotel in central Tokyo is 40 percent owned
by Kokusai Kogyo Co. , an aerial surveying contractor
that Cerberus bought and is restructuring.




Imperial Hotel's shares were up by their daily limit of 500
yen, or 11.4 percent, at 4,880 yen in afternoon dealings.


Read more at Reuters.com Mergers News

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