Ticker: SHO

"If more than 6,200,000 shares are tendered, all shares tendered at or below the Purchase Price will be purchased on a pro rata basis, except for “odd lots” (lots held by stockholders of fewer than 100 shares who tender all of their shares), which will be purchased on a priority basis, and conditional tenders whose condition was not met, which will not be purchased." - 6/2/2008

"On May 30, 2008, we sold the Hyatt Regency Century Plaza for gross proceeds of approximately $366.5 million in cash and intend to use a portion of those proceeds to fund the Purchase Price." - 6/2/2008

The company will pay out a dividend of $0.35 which goes ex-date on 6/26.

The company amended the tender price range to a price not less than $16.75 and not greater than $19.25 per share. - 6/16/2008

Final results: The Company has accepted for purchase 7,374,179 shares, representing approximately 13% of its outstanding Common Stock, at a price of $17.50 per share. The proration factor is approximately 95.67% of the shares properly tendered and not withdrawn at or below $17.50 per share.