News
Pebblebrook Hotel Trust Releases Letter to Board of LaSalle Hotel Properties, Offers Final Merger Proposal
Pebblebrook Hotel Trust today released a letter dated April 20, 2018 to the Board of Trustees of LaSalle Hotel Properties in which Pebblebrook provided a final merger proposal. The non-binding proposal for 100% of LaSalle’ s outstanding common shares represented a higher implied price of $32.49 per LaSalle common share 1, a premium of 33.2% above LaSalle's...
Pebblebrook Hotel Trust today released a letter dated April 20, 2018 to the Board of Trustees of LaSalle Hotel Properties in which Pebblebrook provided a final merger proposal. The non-binding proposal for 100% of LaSalle’ s outstanding common shares represented a higher implied price of $32.49 per LaSalle common share 1, a premium of 33.2% above LaSalle's...