Originally Posted by The Times

London’s Great Eastern in takeover bid

The Great Eastern Hotel in London looks set to be taken over by America's privately owned Hyatt Corporation in a deal worth an estimated £150m. Hyatt already runs The Churchill hotel in Portman Square, but has been seeking other locations in the capital. The Grade II-listed Great Eastern, which sits above Liverpool Street station, is jointly owned by Conran Holdings and Wyndham International. – The Times, 4 February