InfoAnda - Watergate attracts at least 6 potential buyers

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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: Watergate attracts at least 6 potential buyers AP - Sunday, August 16 WASHINGTON - The lender holding the $40 million note on the closed Watergate Hotel says at least six potential buyers are interested in acquiring the landmark property. ADVERTISEMENT PB Capital took back the property after no one entered a bid during an auction last month. Bidding opened at $25 million. Kurt Sachs, senior managing director at PB Capital, says the interested parties are hotel chains. He says their executives are touring the Watergate to determine how much it would cost to renovate. Sachs says the first person to present a check will get the hotel. The Watergate is part of a complex of six buildings made famous by the 1972 burglary that led to President Richard Nixon's resignation. ___ Information from: The Washington Post, http://www.washingtonpost.com Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: World As Afghans vote, US raises the stakes in warAFP - Sunday, August 16 20 dead in prison riot in MexicoAFP - Sunday, August 16 Chavez: Venezuela to strengthen ties with alliesAP - Sunday, August 16 Aide: Zelaya plane stopped at base with US troopsAP - Sunday, August 16 UK-World SummaryReuters - Sunday, August 16 Most Popular – World Viewed Don't brush with baldness: put down that comb Millions of salmon fail to turn up in Canada Hundreds mourn Kennedy sister at funeral Rare flowering of Chinese tree in Belgium US study uncovers powerful anti-cancer compound View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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