Germany1 Acquisition Limited, an acquisition company in Amsterdam, announced on July 24 that it paid $692 million for the shares of Ripplewood Holdings, a private equity firm in New York. Germany1 was represented by Christopher Schultz of Porzio, Bromberg & Newman in Morristown.

MGM Sells Atlantic City Land

MGM Resorts International, a hotel chain headquartered in Paradise, Nev., announced on Tuesday that it sold the land under its Borgata Hotel Casino & Spa in Atlantic City to Vorando Realty Trust in New York and Geyser Holdings in Encinitas, Calif., both real estate firms, for $73 million.

Knight Capital To Buy Astor Asset

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