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Pebblebrook Hotel quiet period ends January 17

January 12, 2010
PEB

Pebblebrook Hotel Trust, a newly formed REIT planning to acquire upper upscale hotels in large US cities, will see its quiet period end next Sunday, Jan. 17. On Dec. 8, 2009, the company raised $350 million by offering 17.5 million shares at $20. BofA Merrill Lynch, Raymond James, and Wells Fargo Securities acted as lead managers on the deal.