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Wednesday, August 31, 2011

Market Corporate Finance Digest

The following corporate finance-related stories were reported by media on Wednesday: * Luxury-resort operator Kerzner International Holdings Ltd may sell its 50 percent stake in the Atlantis resort in Dubai to raise money to restructure $2.6 billion in mortgage debt coming due next week, the Wall Street Journal reported, citing sources. * Hong Kong's billionaire Choi family has backed out of plans to acquire funds from RAB Capital , the Financial Times reported.

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