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Park Regency Inc., a Mississippi corporation, plans to sell several of its hotels to Hospitality Corp. Once the transaction is consummated, Hospitality plans to close
- Park Regency Inc., a Mississippi corporation, plans to sell several of its hotels to Hospitality Corp. Once the transaction is consummated, Hospitality plans to close ten hotels in Cincinnati, which currently has a high rate of unemployment.Briefly discuss whether the directors of Park Regency may consider the interests of individuals or groups other than assuring that the interests of only its own shareholders are protected.
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