DALLAS, Dec. 23, 2013 /PRNewswire/ --La Quinta Holdings Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock. The number of shares of common stock to be sold and the price range for the proposed offering has not yet been determined.
The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
SOURCE La Quinta Holdings Inc.