Bethesda’s Pebblebrook makes final’ offer to buy LaSalle Hotel Properties – hotel monaco owner pebblebrook Hotel Trust has made its third, and what it terms final, offer to buy fellow Bethesda-based hotel owner LaSalle Hotel Properties to $3.7 billion. (Courtesy of Google Str.
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Note: Adjusted EBITDAre in the first quarter of 2017 included $3.6 million for assets that the Company sold in 2017. (1) First quarter 2017 net income included $74.4 million of gains from the sales of.
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May 21, 2018 –
LaSalle Hotel Properties has turned down an offer by its Bethesda, Md., neighbor, pebblebrook hotel trust in favor of an all-cash bid, valued at $4.8 billion, by private equity giant Blackstone. Pebblebrook wasn’t the only suitor for LaSalle but it was the only one to go public with its pursuit.
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SmarTrend identified an Uptrend for Lasalle Hotel Pr (NYSE:LHO) on March 28th, 2018 at $28.61. In approximately 2 months, Lasalle Hotel Pr has returned 18.14% as of today’s recent price of $33.80. Ove.