Commercial Real Estate Financing News + More: RLJ Lodging and FelCor Merging in $1.2 Billion Deal + MORE 04/25/2017

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1. Nasdaq approaches 6,000: A banner day for U.S. stocks on Monday pushed the Nasdaq to within striking distance of 6,000 points.

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FelCor Lodging Trust Inc. (NYSE:FCH) has agreed to merge with and become a wholly-owned subsidiary of RLJ Lodging Trust (NYSE:RLJ) in an all-stock transaction.

Under the deal, each FelCor share will be converted into 0.362 shares of newly issued shares of RLJ common stock in a taxable merger. The combination is expected to give RLJ a post-merger pro forma equity market capitalization of $4…

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Ten days after Sheryl Sandberg’s husband died unexpectedly, she returned to work at Facebook.

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President Trump says he wants new United Nations sanctions on North Korea, calling the country “a real threat to the world.”

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In many ways, the health care industry has been a great friend to the U.S. economy. Its plentiful jobs helped lift the country out of the Great Recession and, partly due to the Affordable Care Act, it now employs one in nine Americans ? up from one in 12 in 2000.

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