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Kendall Law Group Investigates Whether Strategic Hotels Resorts, Inc. Obtained a Fair Price in Sale to Blackstone Real Estate Partners VIII L.P.

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DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal Judge Joe Kendall, is investigating Strategic Hotels & Resorts, Inc. (NYSE: BEE) and its Board of Directors on behalf of shareholders in connection with the proposed acquisition by Blackstone Real Estate Partners VIII L.P. Pursuant to the terms of the agreement, Strategic shareholders will receive $14.25 in cash for each Strategic share they own. The offer price is only a 4.8% premium to the Company’s September 4, 2015, closi

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