LaSalle (LHO) Announces 7M Common Offering
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LaSalle Hotel Properties (NYSE: LHO) plans to sell 7,000,000 common shares in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission.
The Company also plans to grant the underwriters an option to purchase up to an additional 1,050,000 common shares.
Citigroup and Raymond James are acting as joint book-running managers for the offering and BMO Capital Markets is acting as lead manager.
The Company also plans to grant the underwriters an option to purchase up to an additional 1,050,000 common shares.
Citigroup and Raymond James are acting as joint book-running managers for the offering and BMO Capital Markets is acting as lead manager.
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