Last Updated: July 13, 2009 12:10pm ET

Providence Group To Help Distressed Hotels

DUXBURY, MA-The locally based hospitality management company is starting a Distressed Hotel Management program to assist financial institutions, lenders and owners positively reposition their hotel assets.

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Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.