Thursday, January 14, 2010

Hersha Hospitality Trust Begins Public Offering Of 35 Mln Shares Of Beneficial Interest

(RTTNews) - Monday, Hersha Hospitality Trust (HT: News ) commenced a public offering of 35 million common shares of beneficial interest, par value $0.01 per share. Hersha intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 4.73 million common shares to cover over-allotments, if any.

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