Thursday, June 21, 2007

UPDATE 2-Goldman Sachs real estate fund to buy Equity Inns

(Reuters) - NEW YORK, June 21 - Equity Inns Inc. ,
which owns mid-market hotels, has agreed to be acquired by
Goldman Sachs' real estate fund, Whitehall, in a deal
worth $2.2 billion, including assumed debt, the company said on
Thursday.




The price of $23 a share represents a premium of 19 percent
over Equity Inns' closing price on Wednesday.


Read more at Reuters.com Bonds News

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