Friday, October 16, 2009

Morgans Hotel Group Announces Agreement with Mezzanine Lender for Hudson Hotel

NEW YORK--(BUSINESS WIRE)--Morgans Hotel Group Co. (NASDAQ: MHGC - News) (“MHG”) today announced that it has entered into an agreement with one of its lenders which holds, among other loans, the mezzanine loan on the Company’s Hudson Hotel property in New York City.

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