Articles by Kathleen Caulderwood

Kathleen is a money reporter at International Business Times. 

Follow her @kcaulderwood or email k.caulderwood@ibtimes.com. 

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Blackstone To Buy LaSalle Hotel For $3.7 Billion

Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.