PaineWebber Inc. and Chase Manhattan Corp. are expected to help finance Patriot American Hospitality Inc.'s planned $2.1 billion acquisition of Interstate Hotels Corp., announced last week.

The two companies have issued a "highly confident" letter to Dallas- based Patriot, saying they can provide the $560 million needed to finance the cash portion of the deal, said William Evans, Patriot's president and chief operating officer.

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