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Shangri-la plans $605 mln rights shares to settle loans

UPDATE 1-Shangri-la plans $605 mln rights shares to settle loans Tweet This Share on LinkedIn Share on Facebook * Plans 1-for-12 rights shrs at 5.8 pct discount vs close * Raising capital to settle...

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Hilton, Starwood settle trade lawsuit

The McLean-based hotel giant has settled a lawsuit in which rival Starwood Hotels & Resorts accused Hilton of using stolen trade secrets to launch a niche brand called Denizen Hotels and advance...

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