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Accor



Accor: Press Release From the Board of Directors



May 23rd, 2008

The Accor Board of Directors has noted the disclosure by Colony and

Eurazeo that, acting in concert, they have raised their interest in the Company to 17.52% of outstanding shares and 15.71% of voting rights and intend eventually to increase this stake to up to 30%. The Board feels that this initiative confirms Accor's favorable growth potential.

Keywords: Accor.

This article was prepared by Health Business Week editors from staff and other reports. Copyright 2008, Health Business Week via NewsRx.com.


Source: Health Business Week (2008-05-23)

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