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* An Illinois state judge dismissed a $7-billion lawsuit by Matthew and Liesel Pritzker, who claimed they were cheated out of their inheritance by other members of the family that owns the Hyatt Corp. hotel chain. The siblings have 28 days to file an amended complaint.
* Hotelier Extended Stay America Inc. said it had agreed to be acquired by New York private equity firm Blackstone Group for more than $1.9 billion.
* Standard & Poor’s cut its credit rating on Sun Microsystems Inc. two notches to “junk,” affecting $1.3 billion of public debt.
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