Also . . .

San Mateo-based Patriot American Hospitality Inc., whose buying binge has made it one of the biggest U.S. hotel companies, will keep its structure as a special form of real estate investment trust even though a new law wiped out its special tax advantages for future acquisitions. Patriot American and Starwood Hotels & Resorts, the two biggest so-called paired-share REITs, have been wrestling since June with how to restructure after Congress barred them from placing future acquisitions in their tax-advantaged structure. Starwood in August said it will change into a standard corporation, abandoning the REIT structure.

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