Acquisition of Morgans Hotel Group Co. (NASDAQ:MHGC) by SBE Faces Investigation for Investors
The acquisition of Morgans Hotel Group Co by SBE is under investigation over possible wrongdoing. The investigation was announced for investors, who currently hold NASDAQ:MHGC shares, concerning whether the takeover of Morgans Hotel Group Co. by SBE for $2.25 per share is unfair to NASDAQ:MHGC stockholders.
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