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Strategies & Market Trends : La Quinta Corp. (LQI) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (16)11/7/2005 2:43:01 PM
From: JakeStraw  Respond to of 18
 
I also think MHX deserves a look...



To: Paul Senior who wrote (16)11/9/2005 9:43:07 AM
From: JakeStraw  Respond to of 18
 
Blackstone to buy La Quinta for $3.4 billion
By Lisa Sanders

NEW YORK (MarketWatch) -- La Quinta Corp. (LQI) , the hotel operator, and La Quinta Properties said Wednesday they have agreed to be bought by an affiliate of The Blackstone Group for $11.25 per share in cash. That represents a 37% premium over Tuesday's closing price of $8.22 and amounts to a total value of $3.4 billion, including debt.