Chatham Lodging Trust Announces Proposed Public Offering of Four Million Common Shares

Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium-branded select-service hotels, today announced that it is commencing an underwritten public offering of four million common shares. The company expects to grant the underwriters a 30-day option to purchase up to 600,000 additional common shares to cover ...

Read full post here. Yahoo! News

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