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Peace plan at Morgans

Billionaire investor Ron Burkle extended an olive branch to a fellow director of Morgans Hotel Group yesterday in hopes of reviving a bungled plan to take over the hotel chain’s posh Delano property in Miami’s South Beach neighborhood.
A lawyer for Burkle’s private-equity firm, Yucaipa, laid out… …read more
Source: NY Post

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Posted by on May 20, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.