UPDATE 1-Lone Star succeeds in $1.9-bln buyout of Japan hotel chain Unizo
April 03, 2020 at 03:43 AM EDT
U.S. buyout fund Lone Star has struck a $1.9-billion deal for hotel chain Unizo Holdings Co Ltd , the Japanese firm said on Friday, ending a nine-month bidding war among global investors such as Blackstone Group and Fortress Investment Group.
