| SAO PAULO, May 24, 2012 /PRNewswire/ -- BHG S.A. (BM&FBovespa: BHGR3; OTC: BZHGY ) - Brazil Hospitality Group hereby announces that on May 23, 2012, the 4th Civil Chamber of the State Appellate Court of Rio de Janeiro confirmed the validity and effectiveness of the acquisition of Hotel Rio Palace, in Rio de Janeiro, by the BHG Group, overturning the first-instance ruling by the 6th Corporate Court of Rio de Janeiro, thereby rejecting the supposed preference rights of Nova Riotel and confirmi...continued BZHGY |
Thursday, May 24, 2012
Rio Court Confirms Validity of BHG's Acquisition of Hotel Rio Palace
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