Strategic Hotel Capital, Inc. Closes Acquisition of the Four Seasons Washington, D.C.
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Category: North America & West Indies / Carribean islands
This is a press release selected by our editorial committee and published online for free on Thursday 02 March 2006
Strategic Hotel Capital, Inc. (NYSE:SLH) , which operates as Strategic Hotels & Resorts, today announced that the company has closed on its acquisition of the Four Seasons Washington, D.C. hotel from an entity controlled by the Louis Dreyfus Property Group for a purchase price of $168.9 million. The acquisition was funded with the proceeds from previously closed equity offerings.
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