Bloomberry settles with GGAM for $300M

Bloomberry Resorts Corp. of tycoon Enrique Razon Jr. has ended its decade-long dispute with casino management firm Global Gaming Philippines LLC (GGAM) via a $300-million settlement. In a stock exchange filing on Tuesday, the company said that under the agreement, its subsidiary Sureste Properties Inc. (SPI) was required to purchase 921.18 million shares in Bloomberry
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