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KM Financial Solutions | UPDATE 1-Blackstone to buy LaSalle Hotel for $3.7 bln
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UPDATE 1-Blackstone to buy LaSalle Hotel for $3.7 bln

20 May UPDATE 1-Blackstone to buy LaSalle Hotel for $3.7 bln

Posted at 12:22h in News by
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May 21 (Reuters) – Private equity firm Blackstone Group LP
said on Monday it would buy U.S. hotel owner LaSalle
Hotel Properties for $3.7 billion, topping a rival bid
from Pebblebrook Hotel Trust in April for $3.5 billion.

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