Font size: A A A A
Home > Supplier Information > Accommodation > hotels
Related topics: hotels,Dubai
Font size: A A A A

Orient-Express Rejects Takeover Bid

October 22, 2007 By: Travel Agent Central Contributor Travel Agent

Orient-Express Hotels on Friday sent a letter to Dubai Holding refusing its acquisition offer. "It has been the view of the board of directors that the company's standalone business strategy provided the best long-term value and opportunities for the company and its shareholders," Orient-Express President and CEO Paul White said in a statement, as reported by the Associated Press. Dubai Holding, an investment piece of the government of Dubai, in the past has pursued Orient-Express hoping to develop a joint strategy and possible transaction involving Dubai Holding's hotel assets and the luxury hotel, restaurant, train and river cruise company. (JM)

What do you think of this $type?

This comprehensive guide begins at Alfava Metraxis and ends at Doctor Who Magazine wins the ACE Press Award 0 Following its record breaking ABC figure earlier this year, Doctor Who Magazine had cause for further celebration at the 2014 ACE Press Awards held viagra bedeutung online apotheke at the Museum of London. This may take a second or two.