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Home Inns Said to Near Purchase of Morgan Stanley Hotel

May 26, 2011 8:27 AM

From Bloomberg News
Home Inns Said to Near Purchase of Morgan Stanley Hotel
Home Inns & Hotels Management Inc. (HMIN), China’s second-biggest budget hotel operator, is close to an agreement to buy Morgan Stanley’s 59 percent stake in Shanghai Motel Management Ltd., two people familiar with the matter said. Click here for the full story.

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