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Article: MeriStar Hotels & Resorts' and Interstate Hotels' Shareholders Approve Merger.
- Article from:
- Business Wire
- Article date:
- July 30, 2002
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Business Editors
WASHINGTON & PITTSBURGH--(BUSINESS WIRE)--July 30, 2002
MeriStar Hotels & Resorts (NYSE: MMH) and Interstate Hotels Corporation (Nasdaq: IHCO) today announced that MeriStar and Interstate stockholders have approved a proposed merger of the two companies at stockholder meetings held earlier today in Washington and Pittsburgh.
The completion of the merger is scheduled for Wednesday, July 31. The combined company will be named Interstate Hotels & Resorts, Inc. and will be the nation's largest independent hotel management company, operating more than 86,000 rooms in more than 400 hotels, representing over 30 franchise brands in ...