Deals of the day -- mergers and acquisitions
Aug 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
** Blackstone Group LP is exploring a sale of La Quinta Inns & Suites, a budget hotel chain it values at around $4.5 billion, a person familiar with the matter said.
** Global Tower Partners, a U.S. wireless tower operator, is up for sale and may fetch more than $4 billion, according to a person familiar with the asset.
Other telecom tower operators as well as infrastructure funds are expected to have a look at the largest privately held operator of U.S. cell towers, the person said.
** The Washington Post Co said on Monday it has sold its flagship newspaper to Jeff Bezos, the founder of Amazon.com Inc for $250 million. Continued...