Monday, November 8, 2010

Sunstone Hotel Investors, Inc. Announces Public Offering of 17.5 Million Common Shares

ALISO VIEJO, Calif., Nov. 8, 2010 /PRNewswire via COMTEX/ -- Sunstone Hotel Investors, Inc. /quotes/comstock/13*!sho/quotes/nls/sho (SHO 10.29, -0.64, -5.86%) (the "Company") announced today that it intends to issue 17,500,000 shares of its common stock in a registered public offering. The underwriters will be granted a 30-day option to purchase up to an additional 2,625,000 shares of common stock to cover over-allotments, if any.
The joint bookrunners for this offering are BofA Merrill Lynch and J.P. Morgan.

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