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InsideArbitrage Potential Deal Alert: Trinity Investments Has Expressed Interest in Buying Sunstone REIT (SHO)

  • December 3, 2024

POTENTIAL DEAL DETAILS

StockSunstone Hotel Investors, Inc.SymbolSHO
Date Announced12/02/2024Source Bloomberg
TypeNews Report

Bloomberg reported that Trinity Investments has expressed interest in acquiring Sunstone Hotel Investors (SHO).

The firm discussed paying about $13 per share for Sunstone, based in Aliso Viejo, California. The companies aren’t in active talks.

Sunstone Hotel Investors, Inc. Investor Relations

Trinity Investments Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.