The minority owners of the Plaza Hotel have countered two upstart investors’ plan to buy out majority owner Subrata Roy with a $600 million offer. The news comes after The Real Deal reported that investors Shahal Khan and Kamran Hakim signed a contract to pay $600 million for the 75 percent stake in the Plaza. But Ben Ashkenazy’s Ashkenazy Acquisition Corporation and Saudi Prince Al-Waleed bin Talal, as the building’s minority owners, have the right […]
source https://therealdeal.com/2018/05/08/khan-out-ashkenazy-and-bin-talal-in-at-the-plaza-report/
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