Monday, July 23, 2018

LaSalle inches closer to vote on acquisition by Blackstone affiliate

LaSalle Hotel Properties has set a record date for its special shareholders meeting to vote on a proposed acquisition by an affiliate of the Blackstone Group LP (NYSE: BX). The Bethesda hospitality REIT said Friday after the markets closed that shareholders of record at the end of that day would be entitled to vote. A date for the meeting itself has not been officially set. The Blackstone affiliate is offering to pay LaSalle shareholders $33.50 per share in cash to acquire LaSalle — a transaction…



from https://www.bizjournals.com/baltimore/news/2018/07/23/lasalle-inches-closer-to-vote-on-acquisition-by.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/176193555317

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