Wednesday, September 15, 2010

'White knight' doctor bids to take over Pittsburgh Hilton

A Tampa, Fla., cardiologist known for his philanthropic work is prepared to take over ownership of the former Hilton Pittsburgh as part of a plan to save the troubled hotel.


In a letter of intent filed in U.S. Bankruptcy Court in Pittsburgh Tuesday, Dr. Kiran C. Patel also pledged to provide $3 million to cover hotel operating costs over the next 13 weeks.

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