Tag: SBE Entertainment
sbe Sells 50 Percent Stake to AccorHotels in $319 Million Deal
NEW YORK—sbe Entertainment Group, the owner of hospitality brands including SLS, Delano, Mondrian, Hyde, Katsuya, and Cleo, has closed on the strategic sale of a...
Will SBE’s Morgans Hotel Acquisition Ever Happen?
Billionaire investor Ron Burkle and Sam Nazarian’s SBE Entertainment were unable to close on their acquisition of Morgans Hotel Group by the original deadline...
SBE to Acquire Morgans for $794 Million
What a difference a few months make. Last November, merger discussions between Morgans Hotel Group and SBE Entertainment Group collapsed. But just yesterday it was...
SBE Entertainment, Morgans Hotel Group Negotiations Collapse
Following months of negotiations, merger discussions between Morgans Hotel Group and SBE Entertainment Group have collapsed, reports The Wall Street Journal.
The two parties involved...
SBE in Talks to Merge with Morgans Hotel Group
SBE, the hospitality, lifestyle, and real estate development company led by Sam Nazarian, is nearing an agreement to merge with Morgans Hotel Group, The...