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Ctrip to Increase Stake in Home Inns to 18.25%
PR Newswire Asia, 5/08/09
Chinese online travel service provider Ctrip (Nasdaq: CTRP) announced today that it has entered into a definitive purchase agreement to acquire an additional 7.51 mln ordinary shares of Home Inns & Hotels Management (Nasdaq: HMIN) through a private placement of USD 50 mln in equity. Read More
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