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China Lodging Inks $530M Deal For Crystal Orange Hotels

By Fola Akinnibi (February 27, 2017, 3:06 PM EST) -- Hotel operator and franchisor China Lodging Group Ltd. said it would buy all of the outstanding shares in a Chinese boutique hotel operator in a 3.65 billion yuan ($530 million) cash deal on Monday that marks China Lodging's latest expansion in the region....

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