Sunstone Hotel Investors, Inc. Announces Final Results of Its Modified ‘Dutch Auction’ Tender Offer
Posted by spain travel guide | Under Spain Travel Planning Tuesday Jul 8, 2008SAN CLEMENTE, Calif., July 8 /PRNewswire-FirstCall/ — Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today the final results of its previously announced modified “Dutch Auction” tender offer (the “Offer”) to purchase up to 6,200,000 shares of its Common Stock, par value $0.01 per share (”Common Stock”), which expired at 12:00 midnight, New York City time, on June 27, 2008. The Company also announced it exercised its right to purchase up to an additional 2% of its outstanding Common Stock
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