RE Rumor Mill: Jurys Inn, Heritage Equity, Warby Parker

Law360, New York (December 15, 2014, 4:09 PM EST) -- Ireland-based hotel operator Jurys Inn is reportedly preparing for a sale or merger that could value the company — which runs about 31 hotels in its home country and across the U.K. — at more than £700 million ($1.1 billion), according to a report by The Sunday Times. Jurys Inn, which recently completed a financial restructuring that saw it shed about £300 million in liabilities, is said to have hired Credit Suisse and Eastdil Secured on its strategic options, The Sunday Times said.

In New York, Heritage Equity Partners is said to have secured a $70 million loan to build the...

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