LaSalle Hotel Properties 7.25% Cum. Redeem. Pfd. Series G LHO.P.J

Primary Symbol: LHO.P.GCL

Real Estate REIT - Diversified

"LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. T

NYSE:LHO.P.GCL - Post by User

LaSalle Hotel Properties 7.25% Cum. Redeem. Pfd. Series G > $33.50 takeover price from Blackstone

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Comment by fatcharlieon May 24, 2018 7:27pm

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Post# 28078347

RE:$33.50 takeover price from Blackstone

More lawyers jumping in investigating the management of LHO with the sale. The offer from PEB is far superior, PEB is trading around $41 with .9 shares per LHO works out to $36.90 plus a cash bonus. What were LHO management thinking? I would rather go with PEB for a better deal by far. The feds might get involved also if this is dirty. I have added in the past week there is a good chance the present price will go much higher.

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