Friday, September 7, 2018

Pebblebrook, LaSalle to Merge in $5.2 Billion Transaction

Pebblebrook Hotel Trust (NYSE: PEB) said Sept. 6 that it plans to pay approximately $5.2 billion to acquire LaSalle Hotel Properties (NYSE: LHO) - ending a series of revised offers that followed Pebblebrook’s first attempt to buy its fellow lodging REIT in March.



from News https://www.reit.com/news/articles/pebblebrook-lasalle-merge-52-billion-transaction

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