(HST) Host Hotels Could Sell 40 Million Shares
Posted on August 24, 2009 at 17:04 PM EDT
Host Hotels & Resorts (HST), a premier luxury and upscale property owner, recently announced plans to sell up to $400 million worth of common shares to increase its liquidity and repay debt. Based on the current share price, the company could sell nearly 40 million shares. Host Hotels will offer its shares in one or [...] (HST) Host Hotels Could Sell 40 Million Shares