Cerberus Said to End Agreement to Buy Innkeepers' Hotels for $1...

08/22/11


GlobeSt.com

Cerberus Said to End Agreement to Buy Innkeepers' Hotels for $1.1 Billion
Bloomberg
Financing evaporated in the wake of the record subprime-mortgage defaults and the bankruptcy of Lehman Brothers in 2008. The deepening global recession also led companies to reduce their profit and sales forecasts, raising questions about whether they ...
Cerberus, Chatham cancel $1.1b deal to buy 64 hotelsBoston Globe
Cerberus Calls Off Innkeepers DealWall Street Journal
Cerberus, Chatham end Innkeepers hotels purchaseThomson Reuters News & Insight

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