Innkeepers Wins Judge's OK For $1B Auction Proposal
By Christie Smythe ( March 11, 2011, 6:18 PM EST) -- A New York judge put Innkeepers USA Trust on track Friday to emerge from bankruptcy protection under the control of a Lehman Brothers Holdings Inc. affiliate and an investment firm in a deal valuing the bulk of the hotel investment company at $970.7 million....
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