Dentons Guides PE Buyout Of Commune Hotels

Law360, New York (August 6, 2013, 7:26 PM EDT) -- An heir of the founder of Hyatt Hotels Corp. is using his private equity firm Geolo Capital to buy the remaining stakes in Commune Hotels & Resorts Inc. that he doesn't already own from the founders of the Thompson Hotel Group, Commune confirmed Tuesday.

The definitive agreement, which was inked Monday, gives John Pritzker's Geolo the 50 percent stake held by Thompson BP, a shareholder entity led by Thompson's Jason, Michael and Lawrence Pomeranc, Commune said. Financial terms of the deal were not disclosed, but it...
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