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Another Bidder Steps Forward for Winston Hotels RALEIGH, NC-Two weeks after entering a merger agreement with Wilbur Acquisition Holding Co., the locally based hospitality company receives an unsolicited offer from Inland American Real Estate Trust.
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Blackstone Purchases Tussauds For $1.9B NEW YORK CITY-The purchase will make Blackstones affiliate Merlin Entertainments the second largest attraction operator in the world, as a result Merlin plans to accelerate expansion plans.
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Sunrise REIT To Appeal Court Decision TORONTO-The locally based senior living REIT, which has agreed to be acquired by Ventas Inc., says it plans to appeal an Ontario Superior Court decision disallowing a higher offer from Health Care Property Investors.
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Lowe Begins $450M Terranea Resort RANCHO PALOS VERDES, CA-The 102-acre, 582-room resort overlooking the Pacific Ocean will occupy a site that formerly was the home of the Marineland attraction, which closed 20 years ago.
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