Talks Continue Over Sale of Milton Hotels

The HeraldMarch 10, 2005

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Summary


SPECULATION was mounting last night that Ian Milton is once again in negotiations to sell off the remnants of his long-established hotel chain.

One insider yesterday said a deal was already being negotiated for the Milton Hotel in Glasgow, which is managed by Milton's daughter. Derbyshirebased Menzies Hotels, a company chaired by Nicholas Menzies, has been named as the expected buyer.

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Extract


Talks Continue Over Sale of Milton Hotels

However, neither Menzies nor Milton returned calls for comment.

It was unclear whether the negotia...

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