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Roomer Raises $5 Million in Funding

Roomer Raises $5 Million in Funding

Roomer, a secondary market for nonrefundable hotel reservations, has raised $5 million in a Series A equity investment round. Founded in 2011, the startup, which is basically like a StubHub for hotels rooms, will use the $5 million in funding ...

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Brookfield Terminates Plans to Buy Revel

Brookfield Terminates Plans to Buy Revel

Toronto-based Brookfield Asset Management has terminated its plans to acquire the shuttered Revel Casino Hotel in Atlantic City for $110 million from bankruptcy court, AP reports. The company had intentions to reopen the business as a casino hotel. The withdrawal ...

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