Fri, Apr 24th, 2009
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NEW YORK, April 24 (Reuters) - Host Hotels Inc HST.N willoffer 66 million shares of common stock on Friday at a price of$6.60 per share in an effort to head off what it expects willbe a weak 2009 for the company.
The stock offer comes a day after Host Hotels, a lodgingreal estate investment trust, beat estimates with afirst-quarter net loss applicable to common shareholders of $63million, or 12 cents per share, versus $52 million, or 10 centsper share.
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