Bethesda REITs converge: Pebblebrook has $5.2B deal to buy LaSalle

Blackstone, which already had deal to buy LaSalle, entitled to $112M fee

Six months after making an unsolicited takeover bid, and after its target rejected multiple offers and made a deal to be bought by an investment fund, a Bethesda hotel real estate investment trust has a deal to buy another Bethesda hotel REIT.

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