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LaSalle Hotel Properties (LHO.N)

LHO.N on New York Stock Exchange

34.99USD
19 Jul 2018
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Mon, Jun 18 2018

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LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior

U.S. hotel owner LaSalle Hotel Properties on Monday sided with Blackstone Group LP's  $3.7 billion all-cash offer to buy the company, as it looks to thwart Pebblebrook Hotel Trust's  takeover bid.

UPDATE 2-LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior

June 18 U.S. hotel owner LaSalle Hotel Properties on Monday sided with Blackstone Group LP's $3.7 billion all-cash offer to buy the company, as it looks to thwart Pebblebrook Hotel Trust's takeover bid.

LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior

June 18 U.S. hotel owner LaSalle Hotel Properties on Monday sided with Blackstone Group LP's all-cash offer to buy the company, as it looks to thwart Pebblebrook Hotel Trust's takeover bid.

LaSalle Hotel's third-largest shareholder backs Pebblebrook's offer

LaSalle Hotel Properties' third-biggest shareholder, HG Vora Capital Management, said on Tuesday that Pebblebrook Hotel Trust's revised offer for the U.S. hotel owner was superior to Blackstone's $3.7 billion bid.

LaSalle Hotel's 3rd-largest shareholder backs Pebblebrook's offer

June 12 LaSalle Hotel Properties' third-biggest shareholder, HG Vora Capital Management, said on Tuesday that Pebblebrook Hotel Trust's revised offer for the U.S. hotel owner was superior to Blackstone's $3.7 billion bid.

Pebblebrook sweetens offer for LaSalle Hotel

Pebblebrook Hotel Trust on Monday raised its offer to buy fellow U.S. hotel owner LaSalle Hotel Properties, seeking to scuttle Blackstone Group LP's $3.7 billion deal with the company.

Pebblebrook sweetens offer for LaSalle Hotel

Pebblebrook Hotel Trust on Monday raised its offer to buy fellow U.S. hotel owner LaSalle Hotel Properties , seeking to scuttle Blackstone Group LP's $3.7 billion deal with the company.

UPDATE 2-Pebblebrook sweetens offer for LaSalle Hotel

June 11 Pebblebrook Hotel Trust on Monday raised its offer to buy fellow U.S. hotel owner LaSalle Hotel Properties, seeking to scuttle Blackstone Group LP's $3.7 billion deal with the company.

Pebblebrook raises offer to buy LaSalle Hotel

June 11 Pebblebrook Hotel Trust said on Monday it raised its offer to acquire fellow U.S. hotel owner LaSalle Hotel Properties to $37.80 per share, trumping a $33.50 per share offer from Blackstone Group LP.

LaSalle Hotel accepts Blackstone's $3.7 billion cash offer

(This story corrects paragraph 9 to remove wrong reference to La Salle owning 'W' Los Angeles in May 21 story.)

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