LaSalle Hotel Properties LHO 0.45% announced it has accepted a $3.7-billion all-cash acquisition offer from Blackstone Group LP BX, spurning a previous offer from Pebblebrook Hotel Trust PEB 0.54%. The Blackstone deal amounts to a $33.50-per-share offer, lower than Pebblebrook’s offer that valued the company at $35.44. Pebblebrook's offer was only 20-percent cash, with 80 percent coming in the form of Pebblebrook shares. SourceThe price reached the upper edge of the rising wedge but stochastics are overbought, so we can expect forming of a downside trend. $LHO, LaSalle Hotel Properties / D