NEW YORK, May 21, 2018 /PRNewswire/ -- Rowley Law PLLC
is investigating potential claims against LaSalle Hotel Properties
(NYSE: LHO) and its board of directors for breach of fiduciary duty
concerning the proposed acquisition of the company by Blackstone.
Stockholders will receive $33.50 for
each share of LaSalle Hotel Properties stock that they hold. The
transaction is valued at approximately $4.8
billion and is expected to close third quarter of 2018.
If you are a stockholder of LaSalle Hotel Properties and are
interested in obtaining additional information regarding this
investigation, please visit us at:
http://www.rowleylawpllc.com/investigation/lho. You may also
contact Shane Rowley, Esq. at Rowley
Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC