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Legal victory for Host Hotels

Oct. 14, 2014 8:40 AM ETHost Hotels & Resorts, Inc. (HST) StockBy: Stephen Alpher, SA News Editor
  • Host Hotels (NASDAQ:HST) will reverse a $69M loss contingency after the Texas Supreme Court denies a motion for rehearing from Keystone-Texas Holding Corp. This summer, the court had overruled a lower court's $57.3M verdict against Host for allegedly interfering with an effort to sell a San Antonio shopping mall and adjacent land.
  • Source: Press Release

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