Pebblebrook, LaSalle to Merge in $5.2 Billion Transaction

Pebblebrook, LaSalle to Merge in $5.2 Billion Transaction


Pebblebrook Hotel Trust (NYSE: PEB) said Sept. 6 that it plans to pay approximately $5.2 billion to acquire LaSalle Hotel Properties (NYSE: LHO) – ending a series of revised offers that followed Pebblebrook’s first attempt to buy its fellow lodging REIT in March.



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