Lehman Brothers Completes Innkeepers Transaction; Receives Payout of...

10/27/11

Lehman Brothers Completes Innkeepers Transaction; Receives Payout of $224 Million
MarketWatch (press release)
This transaction, which was approved by the bankruptcy court on October 21, 2011, is part of the sale of 64 Innkeepers hotels to the Cerberus and Chatham joint venture for more than $1 billion that enables Innkeepers to complete its emergence from ...

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