LaSalle Hotel Properties (NYSE:LHO - News) today announced that it plans to sell 7,500,000 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 1,125,000 common shares to cover over-allotments, if any.
Merrill Lynch & Co. is acting as sole book-running manager for the offering. Raymond James, Wachovia Securities and BMO Capital Markets are acting as co-lead managers
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment