–Date Event
• 1991 Initial concept memo
• Acquire
/ reorganize Hampton
• 1992 implement reorganization
plan
• Initial
mezzanine financing
• Two
acquisitions
• Acquire control of
partnerships
• Purchase
L.P. interests
• 1993 Four acquisitions
• Retire
mezzanine debt, acquire equity interest
• Bank
financing
• Odd
lot tender offer