UPDATE 1-Goldman-linked firm settles SEC charges over going 'dark'

April 22, 2015 6:47 PM

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April 22 (Reuters) - A company affiliated with Goldman Sachs Group Inc agreed to pay $640,000 to settle U.S. Securities and Exchange Commission charges that it failed to resume making public disclosures to investors after going "dark" for six years.

Wednesday's settlement resolves charges against W2007 Grace Acquisition I Inc, a real estate firm created out of Equity Inns Inc, a hotel chain that Goldman's Whitehall private equity funds bought in 2007 for about $2.2 billion, including assumed debt.

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