Blackstone-backed La Quinta files for US IPO

JPMorgan Chase, Morgan Stanley are managing the issue

[NEW YORK] La Quinta Holdings Inc, the Blackstone Group LP-backed midpriced hotel chain, has filed to raise US$100 million in an initial public offering in the US.

The figure is a placeholder used to calculate fees and may change. JPMorgan Chase & Co and Morgan Stanley are managing the offering, according...

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