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Sega Sammy to Sell Phoenix Resort to Fortress

Sega Sammy to Sell Phoenix Resort to Fortress

   Tokyo, May 10 (Jiji Press)--Sega Sammy Holdings Inc. said Friday that it will sell subsidiary Phoenix Resort Co., the operator of the Phoenix Seagaia Resort complex in the southwestern Japan city of Miyazaki, to Fortress Investment Group LLC.
   Through the sale, Sega Sammy plans to focus its management resources on its mainstay game business and other operations.

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AFP-JIJI PRESS NEWS JOURNAL


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