Strategic Hotels & Resorts (BEE) May Fetch Over $11/ Share
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UPDATE: Strategic Hotels & Resorts (BEE) Rips Higher, Rumors Say Exploring Sale
June 13, 2013 3:04 PM EDT(Updated - June 13, 2013 3:42 PM EDT)
Strategic Hotels & Resorts, Inc. (NYSE: BEE) shares moved higher on Thursday afternoon. The move was tied to rumors that the company would seek a sale, according to Reuters, citing sources.
In March, activist firm Orange... More
