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Royal Caribbean to buy 50% stake in Sandals Resorts for $3 billion

Royal Caribbean to buy 50% stake in Sandals Resorts for $3 billion
Photo: WSVN 7 News · view original

Royal Caribbean Group is buying a 50% stake in Sandals and Beaches Resorts for approximately $3 billion, expanding the cruise company’s business into the all-inclusive resort market. Royal Caribbean Cruises Ltd. announced the deal Tuesday. The companies will form a joint venture covering Sandals and

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