Logo
BusinessBusiness

Cerberus Capital Management, Chatham Lodging Trust and Innkeepers USA Trust settled a dispute over whether the buyout firm could end a deal to buy 64 of Innkeepers’ hotels because of the US economic decline. Cerberus, a New York-based private equity firm, will pay $1.02 billion for the hotels.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy