Eagle Hospitality Properties (EHP) Misses Q1 FFO by 4c
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Eagle Hospitality Properties Trust, Inc. (NYSE: EHP) reports Q1 FFO of $0.16, 4 cents worse than estimates. Revenues were $38.64 million vs. $42.0 million consensus.
As previously announced on April 30, 2007, the Company has entered into a definitive agreement to be acquired by AP AIMCAP, a joint venture of Apollo Real Estate Investment Fund V L.P., Aimbridge Hospitality, L.P., and JF Capital Advisors, LLC for $13.35 per diluted share and unit in cash.
As previously announced on April 30, 2007, the Company has entered into a definitive agreement to be acquired by AP AIMCAP, a joint venture of Apollo Real Estate Investment Fund V L.P., Aimbridge Hospitality, L.P., and JF Capital Advisors, LLC for $13.35 per diluted share and unit in cash.
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