Strategic Hotels & Resorts (BEE) Announces $50M Buyback
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Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that the company's Board has authorized a $50 million share repurchase program in conjunction with the sale of the Hyatt Regency Phoenix.
Strategic Hotel Capital, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe.
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