Shareholders to decide Equity Inns merger at special meeting on Oct. 2

By Lisa Kerner

Charlotte, N.C., Aug. 10 - Shareholders of Equity Inns, Inc. will vote Oct. 2 at 11 a.m. ET on the merger of the company into Grace Acquisition I, Inc., an affiliate of Whitehall Street Global Real Estate LP.

The record date for the special meeting is Aug. 20, it was announced on Friday.

On June 22, Equity Inns agreed to be acquired by the Whitehall affiliate for $23 per share in a cash deal valued at about $2.2 billion, including debt.

Equity Inns is a self-advised real estate investment trust based in Germantown, Tenn.

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