This morning FelCor Lodging Trust Inc. it had successfully amended its $615 million revolver. Could another announcement by the $980 million market cap hotel REIT—one involving a large acquisition—be far behind? The Street recently began circulating M&A scuttlebutt on FelCor revisiting its takeout of MeriStar Hospitality Corp. On on May 10, 2001, Irving, Texas-based FelCor announced its planned $2.7 billion takeout of fellow upscale hotel REIT MeriStar. On Sept. 21, the companies agreed to pull the deal, citing “adverse changes in the financial markets.”
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