12/13/2004

An affiliate of Blackstone Group has completed its $1.3 billion acquisition of Boca Resorts, owner of five premier destination resorts in Florida. The resorts include the Regency Resort at Pelican Bay, the Premier Club and Naples Grande Golf Club, all in Naples; the Hyatt Regency Pier 66 Hotel and Marina in Fort Lauderdale; and the Radisson Bahia Mar Resort and Yachting Center, also in Fort Lauderdale.

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