Blackstone Real Estate Partners VIII L.P. to acquire all outstanding shares of common stock of Strategic Hotels & Resorts, Inc. for $6 billion

CHICAGO, 2015-9-11 — /Travel PR News/ — Strategic Hotels & Resorts, Inc.(NYSE: BEE) (“the Company”) today announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII L.P., under which Blackstone will acquire all outstanding shares of common stock of Strategic Hotels & Resorts, Inc., for $14.25 per share… Read the full press release