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LaSalle Hotel Properties (LHO.N)

LHO.N on New York Stock Exchange

34.24USD
16 Nov 2018
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$0.03 (+0.09%)
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Thu, Sep 6 2018

Pebblebrook to buy LaSalle Hotel in $5.2 billion deal

U.S. hotel owner Pebblebrook Hotel Trust said it agreed to buy LaSalle Hotel Properties in a $5.2 billion cash-and-stock deal, a day after ditching a $4.8 billion all-cash offer from private equity firm Blackstone Group LP.

Pebblebrook to buy LaSalle Hotel in $5.2 bln deal

Sept 6 U.S. hotel owner Pebblebrook Hotel Trust said it agreed to buy LaSalle Hotel Properties in a $5.2 billion cash-and-stock deal, a day after ditching a $4.8 billion all-cash offer from private equity firm Blackstone Group LP. (Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)

LaSalle board sides with Pebblebrook offer

The board of U.S. hotel owner LaSalle Hotel Properties on Wednesday sided with Pebblebrook Hotel Trust's takeover proposal, ditching a $4.8 billion all-cash offer from private equity firm Blackstone Group LP .

UPDATE 1-LaSalle board sides with Pebblebrook offer

Sept 5 The board of U.S. hotel owner LaSalle Hotel Properties on Wednesday sided with Pebblebrook Hotel Trust's takeover proposal, ditching a $4.8 billion all-cash offer from private equity firm Blackstone Group LP .

LaSalle says to go with Pebblebrook offer

Sept 5 The board of LaSalle Hotel Properties said on Wednesday the unsolicited offer from Pebblebrook Hotel Trust constituted a "superior proposal" to that from Blackstone Group LP.

LaSalle says latest Pebblebrook bid may top Blackstone's offer

U.S. hotel owner LaSalle Hotel Properties said on Monday Pebblebrook Hotel Trust's unsolicited bid last week may be bigger than an offer from private equity firm Blackstone Group LP in May.

UPDATE 2-LaSalle says latest Pebblebrook bid may top Blackstone's offer

Aug 27 U.S. hotel owner LaSalle Hotel Properties said on Monday Pebblebrook Hotel Trust's unsolicited bid last week may be bigger than an offer from private equity firm Blackstone Group LP in May.

Deals of the day-Mergers and acquisitions

Aug 27 The following bids, mergers, acquisitions and disposals were reported by 1240 GMT on Monday:

ISS recommends against LaSalle deal with Blackstone

Shareholder advisory firm ISS on Friday recommended against a buyout deal of LaSalle Hotel Properties by private equity company Blackstone , in another boon for LaSalle's unwelcome suitor Pebblebrook Hotel Trust .

UPDATE 1-ISS recommends against LaSalle deal with Blackstone

Aug 24 Shareholder advisory firm ISS on Friday recommended against a buyout deal of LaSalle Hotel Properties by private equity company Blackstone, in another boon for LaSalle's unwelcome suitor Pebblebrook Hotel Trust .

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