Tuesday, May 10, 2011

2011-05-10: RLJ, RLJ Lodging Trust

Remark
. Hotel REIT

IPO Date & Price
Symbol: RLJ
IPO Date: 2011-05-10
Offer price/share: $18 x 27.5M = $495M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Barclays Capital, Wells Fargo Securities
Co Manager: Deutsche Bank AG, Goldman, Sachs & Co., KeyBanc Capital Markets, Raymond James, RBC Capital Markets

Business
Sector: Financial
Industry: REIT - Hotel/Motel
Full Time Employees: 50
Founded: 2000

Self-managed REIT with a portfolio of 140 limited-service urban hotels.

Boingo Wireless, Inc., together with its subsidiaries, provides mobile Wi-Fi Internet solutions. The company installs, manages, and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports, hotels, coffee shops, shopping malls, arenas, stadiums, and quick service restaurants in North America, South America, Europe, the Middle East, Africa, and Asia. Its solution includes software for Wi-Fi enabled devices comprising smartphones, laptops, and tablet computers, as well as back-end system infrastructure that detects and enables access to Wi-Fi network. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. In addition, it provides billing system and customer support services. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

Yahoo: http://finance.yahoo.com/q/pr?s=RLJ

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