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Author: RHinCT Big red star, 1000 posts Ticker Guide SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 175  
Subject: A different Pebblebrook Public Offering Date: 3/31/2011 4:27 PM
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Pebblebrook Hotel Trust Announces Public Offering of Common Shares

BETHESDA, Md., Mar 31, 2011 (BUSINESS WIRE) --

Pebblebrook Hotel Trust (NYSE: PEB) (the "Company") today announced the commencement of a public offering of 8,000,000 common shares of beneficial interest, par value $0.01 per share. The Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,200,000 common shares to cover overallotments, if any. The common shares will be offered pursuant to the Company's effective registration statement that was previously filed with the Securities and Exchange Commission.

The Company will contribute the net proceeds of the offering to its operating partnership, which will use the net proceeds to acquire and invest in hotel properties in accordance with the Company's investment strategy and for general business purposes....


http://phoenix.corporate-ir.net/phoenix.zhtml?c=233964&p...
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