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Seminole Tribe's purchase of Hard Rock to be official Monday
Sunday, March 4, 2007 at 12:01:36 PM
The Seminole Tribe of Florida's $965 million purchase of the Hard Rock cafes, hotels and associated business from The Rank Group PLC was set to be completed Monday.
The deal, first announced in December and approved by Rank Group shareholders in January, poises the tribe of about 3,300 members to become a player in the worldwide hospitality industry. It also gives the tribe's gaming operations room to grow in states where gambling is legal.
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