Staying Informed

Blackstone-backed hotel chain La Quinta files to go public

La Quinta Holdings Inc, a hotel chain backed by Blackstone Group LP, filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock. J.P. Morgan and Morgan Stanley are the underwriters, the company said in a filing with the Securities and Exchange Commission (SEC) on Monday. Blackstone, the largest publicly listed alternative asset manager, took Hilton ...

 

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