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LVMH Enters Luxury Hotel Business With $2.6-Billion Belmond Acquisition
Friday, December 14, 2018 - 2:53pm | 415Read More...You may soon be able to stay at a hotel owned by Louis Vuitton. Belmond LTD (NYSE: BEL) shares were soaring Friday after news broke that the company will be acquired by LVMH Moet Hennessy Louis Vuitton SA ADR (OTC: LVMUY). What Happened Belmon — a hospitality company that owns,...
