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Business News: A $675 million deal to buy New York City's legendary Plaza Hotel using cryptocurrency is falling apart

A reported deal to buy New York's Plaza Hotel is not going as planned, people familiar with the situation tell Business Insider. CNBC reported in March that Chimera, a foreign entity, was considering running a $375 million-plus token offering, a cryptocurrency twist on the initial public offering process, to help purchase the famed Plaza from…


Source:www.businessinsider.com


Posted: 2018-04-08 19:24:43

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