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Headlines
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Interstate Stockholders Approve Merger with 50/50 Joint Venture Between Thayer Lodging Group and Jin Jiang Hotels
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PRNewswire-FirstCall
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ARLINGTON, Va., March 11 /PRNewswire-FirstCall/ -- Interstate Hotels & Resorts , a leading hotel real estate investor and the nation's largest independent hotel management company, today announced that its stockholders approved, at a special meeting held today, the merger agreement by which Interstate will be acquired by Hotel Acquisition Company, LLC ("HAC").
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LaSalle Hotel Properties Acquires the Sofitel Washington, DC Lafayette Square
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Business Wire
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LaSalle Hotel Properties (NYSE:LHO) today announced it has acquired the Sofitel Washington, DC Lafayette Square for $95.0 million.
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Ingram Micro Reports Fourth-Quarter and Full-Year 2009 Financial Results
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PRNewswire-FirstCall
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SANTA ANA, Calif., Feb. 18 /PRNewswire-FirstCall/ -- Ingram Micro Inc. , the world's largest technology distributor, today announced financial results for the fourth quarter and fiscal year of 2009, which ended January 2, 2010.
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Westin Increases Global Footprint in 2010, Opening 14 New Hotels
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Business Wire
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Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announces plans to open 14 new Westin Hotels in 2010.
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Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2009 Financial Results Conference Call
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PRNewswire
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MIGDAL HAEMEK, Israel, Feb. 1 /PRNewswire-FirstCall/ -- Tower Semiconductor (Nasdaq: TSEM, TASE: TSEM), an independent specialty foundry, will hold a conference call to discuss its fourth quarter and fiscal year 2009 financial results, first quarter 2010 guidance and fiscal year 2010 business outlook on Wednesday, February 24, 2010, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 17:00 Israel Time).
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Interstate Hotels & Resorts Agrees to be Acquired by Joint Venture Between Thayer Lodging Group and Jin Jiang Hotels
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PRNewswire
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ARLINGTON, Va., Dec. 18 /PRNewswire-FirstCall/ -- Interstate Hotels & Resorts (NYSE: IHR), a leading hotel real estate investor and the nation's largest independent hotel management company, today announced that it has signed a definitive merger agreement to be acquired by Hotel Acquisition Company, LLC, a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP, a private equity fund sponsored by Thayer Lodging Group, and Shanghai Jin Jiang International Hotels (Group) Company Limited ("Jin Jiang Hotels") in a transaction valued at approximately $307 million.
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