Tuesday, 9 December 2014

LaSalle Hotel Properties announces sale of 7,600,000 common shares

LaSalle Hotel PropertiesLaSalle Hotel Properties announced the sale of 7,600,000 common shares to Barclays, Deutsche Bank Securities and Morgan Stanley in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission. The Company has also granted the underwriters an option to purchase up to 1,140,000 additional shares.


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