Articles by Palash Ghosh

Palash has worked as a business journalist for 21 years in New York.

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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.