LaSalle Hotel's 3rd-largest shareholder backs Pebblebrook's offer
June 12, 2018 at 08:23 AM EDT
June 12 (Reuters) - LaSalle Hotel Properties' third-biggest shareholder, HG Vora Capital Management, said on Tuesday that Pebblebrook Hotel Trust's revised offer for the U.S. hotel owner was superior to Blackstone's $3.7 billion bid.