Cases
LaSalle Hotel Properties (LHO)
Merger
Overview
Overview
- Date:
- 9/6/2018
- Company Name:
- LaSalle Hotel Properties
- Stock Symbol:
- LHO
- Company Name - Buyer:
- Pebblebrook Hotel Trust
- Status:
- Closed/Complete
- Merger Announcement Date:
- 9/6/2018
NEW YORK, September 6, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against LaSalle Hotel Properties (LHO) on behalf of stockholders concerning the proposed acquisition of the company by Pebblebrook Hotel Trust.
Pursuant to the proposed transaction, announced on September 6, 2018 and valued at approximately $5.2 billion, LaSalle stockholders will receive $37.80 in cash or 0.92 shares of Pebblebrook for each share of their LaSalle common stock. Our investigation concerns whether LaSalle’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Pebblebrook Hotel Trust.
If you own LaSalle shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on September 6, 2018 and valued at approximately $5.2 billion, LaSalle stockholders will receive $37.80 in cash or 0.92 shares of Pebblebrook for each share of their LaSalle common stock. Our investigation concerns whether LaSalle’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Pebblebrook Hotel Trust.
If you own LaSalle shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.