Shareholders approve Saudi prince’s bid for Fairmont hotels

April 18, 2006
Source: Turkish Press
Original story — link verified on April 18, 2006

Shareholders of Canada's iconic Fairmont Hotels and Resorts approved a 3.9-billion-US-dollar (3.22-billion-euro) takeover offer by Saudi Prince Alwaleed bin Talal and Colony Capital, the company announced.

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