MeriStar Hospitality Corporation (NYSE: MHX) announced that, at a special meeting of stockholders held, its stockholders voted to approve the merger of MeriStar with and into Alcor Acquisition LLC.
MeriStar Hospitality Corporation (NYSE:MHX) , one of the nation's largest hotel real estate investment trusts (REIT), today announced that it has signed a merger agreement to be acquired by an affiliate of The Blackstone Group in a transaction valued at approximately $2.6 billion.
MeriStar Hospitality Corporation (NYSE: MHX) announced that it has signed a definitive agreement to sell a portfolio of nine hotels (1,948 rooms) and a golf and tennis club, all located in Florida, to an affiliate of The Blackstone Group for approximately $367 million in cash.
MeriStar Hospitality Corporation (NYSE: MHX) announced that it has sold five hotels, in separate transactions, for $58.5 million in gross proceeds during the 2005 fourth quarter.
Net loss of $(117) million or $(1.34) per diluted share compared to a net loss of $(27) million or $(0.31) per diluted share for the 2004 third quarter.
MeriStar Hospitality Corporation (NYSE: MHX), one of the nation's largest hotel real estate investment trusts (REIT), announced that John E. Plunket has been named senior vice president - real estate.