Disney to buy billions worth of own stock: Walt Disney Co. announced plans to buy US$6 billion to US$8 billion of its own stock starting in 2014.
Read more at Bloomberg Businessweek
General Hotels to expand in Indiana: General Hotels Corp. signed a deal with The Arc of Indiana to manage a 150-room hotel under development in Muncie.
Read more at the Muncie Free Press
Bloomberry terminates Solaire management deal: Bloomberry Resorts Corp. terminated the management agreement for Solaire Manila Resorts & Casino with Global Gaming Philippines.
8 hotels sue to rescind Colorado hotel development’s tax incentives: Eight hotels including The Broadmoor are suing the Colorado Economic Development Commission to block US$81.4 million in tax incentives for the development of the 1,500 Gaylord Aurora.