KM Financial Solutions | UPDATE 1-LaSalle board sides with Pebblebrook offer
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UPDATE 1-LaSalle board sides with Pebblebrook offer

UPDATE 1-LaSalle board sides with Pebblebrook offer

The board of U.S. hotel owner LaSalle
Hotel Properties on Wednesday sided with Pebblebrook
Hotel Trust’s takeover proposal, ditching a $4.8 billion
all-cash offer from private equity firm Blackstone Group LP
.

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