In offer, there was no boom at the inn.

• Position: TRIANGLE

Winston Hotels, a Raleigh-based real-estate investment trust and owner of 53 hotels in 18 states, agreed to be bought by New York-based Wilbur Acquisition Holding for a reported $850 million in cash and assumed debt. But some analysts were disappointed in the price--$14.10 per share. Less than a month later, Winston received an unsolicited bid of $15 per share from Oak Brook, Ill.-based Inland American...