Pebblebrook Hotel Trust’s $5.2 billion acquisition of fellow Bethesda hospitality REIT LaSalle Hotel Properties has received the approval of shareholders of both companies. Pebblebrook’s holders signed off Tuesday on the issuance of stock to LaSalle shareholders as part of a deal forged in September following Pebblebrook’s long and complicated pursuit of the company. That included Pebblebrook outdueling private equity giant The Blackstone Group LP (NYSE: BX), which had previously entered…
from https://www.bizjournals.com/baltimore/news/2018/11/28/lasalle-shareholders-sign-off-on-acquisition-by.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/180594031177
No comments:
Post a Comment