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China's Anbang Insurance Group has acquired the world-renowned Waldorf Astoria hotel in New York for $1.95 billion.
Hilton Worldwide Holdings said on Oct 6, 2014 that it has reached an agreement to sell the 60,000-square-foot landmark property that straddles Lexington and Park avenues.
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View of Waldorf Astoria, the landmark New York hotel, on Oct 6, 2014 in New York City. [Photo/IC] |
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