Barclay Brothers Sell 10% Stake in InterContinental Hotels | bloomberg.com

The billionaire Barclay brothers sold their 10 percent stake in the U.K.’s InterContinental Hotels Group Plc for about 335 million pounds ($520 million) after the hotelier’s shares rose 88 percent in a year. InterContinental fell as much as 8.4 percent in London trading after Barclays Capital sold almost 30 million shares on behalf of Ellerman Corp., a company controlled by David and Frederick Barclay, for 1,120 pence apiece, according to three...