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Posted on: July 29, 2016, 4:24 p.m.
Michael Dell’s MSD Capital has purchased a stake in Grand Central Terminal for $63 million amid a bitter battle over the station’s air rights. Lehman Brothers Holdings, which sold the ownership interest, was part of a group of investors that bought the terminal in 2006 for $76.5 million. Full investment news articleRelevent to this post: Lehman Andrew,