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Article: MeriStar Hotels & Resorts Supports Proposed Merger Between MeriStar Hospitality and FelCor.
- Article from:
- Business Wire
- Article date:
- May 10, 2001
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Business Editors
WASHINGTON, D.C.--(BUSINESS WIRE)--May 10, 2001
MeriStar Hotels & Resorts (NYSE: MMH), the nation's largest independent hotel management company, today announced that it supports the proposed merger between MeriStar Hospitality Corporation (NYSE: MHX) and FelCor Lodging Trust (NYSE: FCH), announced earlier today.
MeriStar Hotels & Resorts operates 109 of the 113 hotels owned by MeriStar Hospitality. All management agreements between MeriStar Hotels & Resorts and MeriStar Hospitality will remain intact following the consummation of the proposed merger.
"We currently manage two hotels for FelCor and look forward to ...