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Indian Co. Closes $575M Deal For Control Of Plaza Hotel

By Kelly Rizzetta (November 27, 2012, 7:41 PM EST) -- Indian conglomerate Sahara India Pariwar on Tuesday finalized its $575 million purchase of a controlling stake in New York City's landmark Plaza Hotel, squeezing out former majority owner Elad Properties, a division of privately owned Israeli real estate development conglomerate El-Ad Group Ltd....

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