Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Strategic Hotels & Resorts Inc (NYSE: BEE) acted responsibly on behalf of investors’ profitability in the planned $6 billion sale to Blackstone Real Estate Partners VIII. 

On September 8, 2015, Strategic Hotels & Resorts Inc (NYSE: BEE) and Blackstone Real Estate Partners VIII announced that they had entered into a merger agreement. Under the terms of the merger agreement, Blackstone will offer Strategic shareholders $14.25 per share in cash for all outstanding shares.  

Based in Chicago, IL, and founded in 1997 Strategic Hotels & Resorts invests in the real estate markets across the United States and has a high quality portfolio of upper-upscale and luxury hotels and resorts. 

The investigation is looking to uncover whether Strategic Hotels & Resorts Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $17.00 per share. 

If you purchased Strategic Hotels & Resorts Inc (NYSE: BEE) prior to September 8, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324. 

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