Hyatt Explores Playa Takeover
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Playa HotelsReuters
•Hyatt in exclusive talks with Playa Hotels on options, including buyout
80% Informative
Playa 's shares rose about 11% before the bell, while Hyatt 's stock price gained 1% .
Playa runs 24 high-end, all-inclusive resorts across Mexico .
The exclusive talks with Hyatt , which has a 9.99% stake in Playa , will run through Feb. 3 .
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