WASHINGTON, D.C.— MeriStar Hospitality Operating Partnership, a division of MeriStar Hospitality Corp., has commenced the solicitation of consents from holders of its 9% senior notes due 2008 and 9-1/8% senior notes due 2011. MeriStar is seeking a waiver of obligation to make a change of control offer to purchase these notes following the closing of its previously announced agreement to merge with FelCor Lodging Trust. MeriStar will pay consenting holders $5 in cash for each $1,000 principal amount of their notes if the waiver becomes effective. The solicitation of waivers will expire at 5 p.m. EST, on June 21, 2001, unless extended by MeriStar. Deutsche Banc Alex. Brown and Lehman Brothers are acting as solicitation agents, and MacKenzie Partners is acting as the information agent for the consent solicitation.
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