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CDOR News and Press, Condor Hospitality Trust Inc. From 09/18/20

Stock Information

Company Name: Condor Hospitality Trust Inc.
Stock Symbol: CDOR
Market: NYSE
Website: condorhospitality.com

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CDOR - Condor Hospitality Announces Termination of Merger Agreement With NHT Operating Partnership

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has terminated its merger agreement with NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (TSVX: NHT), and certain of its affiliates, effective September 18, 202...

CDOR - Merger Arbitrage Mondays - Gilead Sciences Acquires Immunomedics At A High Premium

Merger activity decreased last week, with two new deals announced, but one of these was a blockbuster deal worth $21 billion and at a 108% premium to Friday's closing price. None of the pending active deals were completed last week. There was also a private deal nearly double the size of the...

CDOR - Here's Why My REITs Beat Your REITs

There are a few things that annoy me. One of those things is seeing investors focus on the wrong metrics. Unfortunately, that happens frequently. Let's talk about the absurd reliance on FFO multiples for equity REIT investors. Are FFO multiples useful? Yes, they are useful. Are they the c...

CDOR - Merger Arbitrage Mondays - Contentious Acquisition Of Forescout Technologies Finally Closes

Merger activity decreased last week with three new deals announced and three deals completed. After a significant increase in the previous week, merger activity decreased slightly with three new deals announced last week. Johnson & Johnson (JNJ) announced the acquisition Momenta Pharma...

CDOR - Merger Arbitrage Mondays - Qiagen Shareholders Want More

Merger activity increased significantly last week with eight new deals announced and one deal terminated. This is the highest number of deals announced in a single week this year but most of these deals were relatively small compared to the multi-billion-dollar deals we saw in the week prior...

CDOR - Condor Hospitality beats on revenue

Condor Hospitality (NYSEMKT: CDOR ) : Q2 GAAP EPS of -$0.53. FFO of -$0.30/share. More news on: Condor Hospitality Trust, Inc., Earnings news and commentary, Financial stocks news, , Read more ...

CDOR - Condor Hospitality Trust Reports Second Quarter 2020 Results

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the second quarter ended June 30, 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200813005797/en/ (Graphic: ...

CDOR - Merger Arbitrage Mondays - Siemens Healthineers To Acquire Varian Medical Systems

Merger activity increased last week with four new deals announced and seven deals closing. Over the past month, we have seen early signs of a pickup in new deals and two large deals announced in the energy and healthcare sectors. The acquisition of Noble Energy by Chevron was a significant d...

CDOR - Merger Arbitrage Mondays - A Large Acquisition Ends The Energy Sector Deal Drought

Merger activity remained steady last week with three new deals announced and two deals closing. There has not been any significant M&A activity this year in the energy sector with oil prices collapsing due to the COVID-19 pandemic. After choosing to walk away from a bidding war with Oc...

CDOR - Merger Arbitrage Mondays - Forescout And Advent Settle Their Differences

Merger activity increased last week with three new deals announced and one deal closing. The biggest highlight for last week was the acquisition of Maxim Integrated Products (MXIM) by Analog Devices (ADI) in an all-stock deal for $21 billion, which is the largest deal so far this year. The...

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