newsfilter
← Latest News
Business Wire·

RLJ Shareholders and FelCor Stockholders Approve Merger

BETHESDA, Md. & IRVING, Texas--(BUSINESS WIRE)--RLJ Lodging Trust ( “RLJ”) (NYSE:RLJ) and FelCor Lodging Trust Incorporated (“FelCor”) (NYSE:FCH) today announced that at special meetings held earlier today shareholders of RLJ approved the issuance of common shares of beneficial interest, par value $0.01 per share, of RLJ (the “RLJ Common Shares”) in connection with the Merger (as defined below) and stockholders of FelCor approved FelCor’s merger with and into a subsidiary of RLJ in a stock-for-stock transaction (the “Merger”) in connection with the previously announced Agreement and Plan of Merger, dated as of April 23, 2017, by and among RLJ, FelCor and the other entities party thereto.