Interstate Hotels Grows UK Profile With Management Co. Buy

Law360, New York (September 25, 2013, 6:46 PM EDT) -- With an eye toward international expansion, hotel management firm Interstate Hotels & Resorts Inc. has bought up Chardon Management Ltd. in its second major U.K.-based deal this year, according to a Wednesday statement.

Per the deal, Interstate will be adding Chardon, an independent management company, to its web of affiliates, according to a statement. Financial details of the deal were not disclosed and representatives for Interstate could not immediately be reached for comment Wednesday.

"Chardon is one of the most esteemed independent management companies in the...
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