Blackstone buys La Quinta hotel REIT

By 2005-11-21T00:00:00

US - New York-based equity firm Blackstone Group has agreed to buy Texas-based hotel REIT La Quinta for $3.4bn (€2.9bn). It's the latest acquisition in the firm's 18-month shopping spree in the hotel sector. The deal means Blackstone will pa...

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