Blackstone to pay $200M for Allegiant resort - report

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Sunseeker Resort Charlotte Harbor crane collapse from Hurricane Ian heavy winds

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Blackstone (NYSE:BX) agreed to buy Allegiant Travel's (NASDAQ:ALGT) Sunseeker Resort for ~$200M, far less than the amount the company spent developing the property, according to a media report on Monday.

Allegiant (NASDAQ:ALGT), the parent of Allegiant Airlines, had spent $720M to

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