Monday, August 27, 2018

LaSalle will entertain Pebblebrook's latest acquisition offer

LaSalle Hotel Properties (NYSE: LHO) is going to take a closer look at a proposal to be acquired by fellow Bethesda hospitality real estate investment trust Pebblebrook Hotel Trust (NYSE: PEB). LaSalle announced Monday morning its board of trustees, through unanimous vote, determined an offer Pebblebrook presented last week “could reasonably be expected to lead to a superior proposal” than its pending deal to be acquired by an affiliate of private equity giant The Blackstone Group LP (NYSE:…



from https://www.bizjournals.com/baltimore/news/2018/08/27/lasalle-will-entertain-pebblebrooks-latest.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/177451772317

No comments:

Post a Comment