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Magic Johnson-Led Venture Buys Hilton Washington Hotel

Hilton Hotels Corp. Sells D.C. Hotel for $290M; Extensive Renovations Planned at Historic Property
By John Atchley
June 13, 2007 | 7:19 P.M.

A joint venture led by former NBA legend Earvin "Magic" Johnson has acquired the historic Hilton Washington hotel in Washington, DC for $290 million from Hilton Hotels Corp.

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