(Reuters) - The news sent Imperial Hotel's shares up by their daily limit of 500 yen, or 11.4 percent, to 4,880 yen in afternoon dealings.
Based on Monday's closing price, the hotel had a market value of 145 billion yen , valuing Cerberus's stake at about 58 billion yen.
Read more at Reuters.com Business News
Based on Monday's closing price, the hotel had a market value of 145 billion yen , valuing Cerberus's stake at about 58 billion yen.
Read more at Reuters.com Business News
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