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Ashford Hospitality Trust buys JV partner's interest in Highland Hospitality portfolio

2015-03-09 16:03:16| Jewelry - Topix.net

The 28-hotel portfolio includes 19 full-service hotels and nine select-service hotels with a concentration in major brands such as Hilton, Marriott, Hyatt and Starwood. In connection with the transaction, the company refinanced 24 of the 28 hotels in the portfolio with a new $1.07 billion non-recourse mortgage loan.

Tags: interest partners trust portfolio

 

a Recro buys pain medicine, manufacturing plant in a potential $170M deal

2015-03-09 15:38:08| Biotech - Topix.net

Recro Pharma Inc. signed a definitive agreement Monday to acquire the rights to an experimental pain medicine and a contract manufacturing facility from Alkermes in a deal valued at up to $170 million. Under the terms of the agreement, Recro Pharma of Malvern, Pa., will make an upfront payment of $50 million to Alkermes .

Tags: potential deal medicine manufacturing

 
 

Bunge buys assets of Heartland Harvest

2015-03-09 14:27:22| Agriculture - Topix.net

Bunge North America said Friday it has purchased the assets of Heartland Harvest Inc., a North American producer of die cut pellets used to make extruded foods. Heartland Harvest at its Kankakee, Illinois, facility produces die cut pellets made of starches that are expanded through popping, baking or frying to create food products.

Tags: assets harvest buys heartland

 

Area Disposal Buys Illinois Waste Roll-Off Firm Captain Hook

2015-03-06 11:00:00| Waste Age

Area Disposal Service Inc. has purchased Captain Hook Inc., an Illinois waste roll-off container business, for an undisclosed amount. read more

Tags: area firm waste illinois

 

Chinese firm buys 5% of Thomas Cook

2015-03-06 09:38:13| BBC News | Business | UK Edition

Chinese conglomerate Fosun, which owns Club Med, buys a 5% stake in UK travel group of Thomas Cook.

Tags: thomas firm chinese cook

 

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