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...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...Here’s how this deal works: Churchill Capital Corp III raised $1.1bn in February in a public listing....
...The second arm, HotelInvest, would act as an owner and investor for its 1,400 owned or leased buildings....
...Vague bid talk also boosted building materials group Hanson, up 0.1 per cent to 577½p, and plumbing specialist Wolseley, 1.4 per cent stronger at £11.90....
...1.75bn of proceeds, with 106 of the hotels being sold with a management or franchise contract....
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