CHICAGO, 2015-12-9 — /Travel PR News/ — Strategic Hotels & Resorts, Inc.(NYSE: BEE) (the “Company”) announced that the holders of its shares of common stock approved the acquisition of the Company by affiliates ofBlackstone Real Estate Partner VIII L.P. (“Blackstone”) at its special meeting of stockholders held earlier today. Subject to the satisfaction or waiver… Read the full press release
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
CHICAGO, 2015-8-19 — /Travel PR News/ — Strategic Hotels & Resorts, Inc.(NYSE: BEE) announced today that its Board of Directors is exploring possible strategic alternatives for the Company, including the potential sale of the Company. The Company has retained J.P. Morgan as financial advisor. “Our Board of Directors and management team remain committed to acting… Read the full press release