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Plaza Hotel May Sell For $600M To India's Sahara Group

India's Sahara Group is eyeing New York City's iconic Plaza Hotel after Israeli owners at El Ad Properties have offered to sell the landmark for $600 million. According to the Economic Times, the Sahara group has already paid a 10 percent down payment for the 105-year-old building following exclusive negotiations between the two real-estate conglomerates. Furthermore, Sahara's founder, Subrata Roy, has made an all-cash offer through Aamby, a Mauritius-based subsidiary, according to the ...

Feature : In Foreclosures, Occupy Groups See a Unifying Cause

Feature : In Foreclosures, Occupy Groups See A Unifying Cause Feature : In Foreclosures, Occupy Groups See a Unifying Cause Mercedes Robinson-Duvallon turned 83 in February, but there was little time for celebration.

Oaktree IPO, Seven Others to Launch in Busy Week

Private equity firm Oaktree Capital Management kicks off an estimated $2.2 billion of U.S. initial public offerings next week, the busiest flurry of offerings this year.