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Ashford to acquire Remington's hotel management business for $275M

Dallas Business Journal staff
Ashford to acquire Remington's hotel management business for $275M

Ashford Inc. announced Monday plans to acquire Remington Holdings' hotel management business for $275 million. Ashford (NYSE American: AINC), which is based in Dallas, provides asset and investment management, in addition to other services, in the real estate and hospitality sectors.