UPDATE 1-LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior
June 18, 2018 at 08:26 AM EDT
June 18 (Reuters) - U.S. hotel owner LaSalle Hotel Properties on Monday sided with Blackstone Group LP's all-cash offer to buy the company, as it looks to thwart Pebblebrook Hotel Trust's takeover bid.
