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Article: Equity Inns Signs Agreement to Purchase Three Marriott Branded Hotels; Two SpringHill Suites in Texas; One Fairfield Inn & Suites in Atlanta.
- Article from:
- Business Wire
- Article date:
- July 27, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust (REIT), today announced the purchase of three hotels from LinGate Hospitality Group for a combined purchase price of $26.16 million. The three hotels have a combined 378 rooms, equating to a purchase price of approximately $69,000 per key. LinGate Hospitality will retain management of the three hotels.
Two of the hotels are SpringHill Suites by Marriott located in the Texas markets of San Antonio and Houston including a 122-room hotel located one mile north of the Houston Hobby Airport and a 122-room property located at San Antonio's northwest side at the ...
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Article: Equity Inns Agrees to Be Acquired by Whitehall.
Business Wire;
June 21, 2007 ;
700+ words
... ... 2 Billion GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest ... 2007 ("Whitehall") will acquire Equity Inns, Inc. in a transaction valued at approximately ... of the outstanding common shares of Equity Inns, Inc. for $23.00 per share in cash ...
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