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Venable acted as Maryland counsel to Strategic Hotels & Resorts, Inc. ("BEE") in connection with its recent merger with and into an affiliate of Blackstone Group LP ("BX"), in a transaction that had a total value of approximately $6 billion. The transaction closed on December 11, 2015. Venable's corporate team was led by partner Patsy McGowan, who was assisted by associate Dan Mendelsohn. Venable partner Stewart Webb provided litigation advice in connection with the merger.