Cerberus, Innkeepers Settle Over Hotels With $1 Billion Deal - Busin...

10/19/11


The Daily Deal

Cerberus, Innkeepers Settle Over Hotels With $1 Billion Deal
BusinessWeek
“The updated agreement provides a significant cash premium to the original stalking horse bid and a meaningful return to our creditors, and it allows us to move ahead with a timely exit from Chapter 11,” Innkeepers' chief restructuring officer, ...
Innkeepers to sell hotels for $1.02BThe Daily Deal
Innkeepers ends dispute, to sell hotels for $1 billionReuters
Innkeepers Reaches Settlement with Cerberus and Chatham Lodging to Acquire ...MarketWatch (press release)

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